YieldMax Group B 2026 Dividend Schedule: Full Monthly Ex-Date & Pay Date Calendar
If you’re invested in YieldMax ETFs, knowing the group-by-group dividend schedule is critical for managing your cash flow. In this post, I’ve compiled the complete 2026 monthly ex-dividend dates, record dates, and pay dates for YieldMax Group B ETFs as an annual calendar.
Group B pays dividends during the second week of each month. Since Group A pays in the first week, Group B dividends arrive about one week later — making it an essential pairing for anyone running a dividend relay strategy.
What Is YieldMax Group B?
YieldMax ETFs are a series of synthetic covered call strategy ETFs managed by Tidal Financial Group. They sell call options on underlying assets and distribute the premium as monthly dividends.
Group B is the second group in the YieldMax dividend cycle, with ex-dividend dates typically falling on the second Thursday of each month. What makes Group B especially interesting is that it contains two blockbuster tickers: NVDY (NVIDIA) and MSTY (MicroStrategy). These two alone account for a massive share of Group B’s total trading volume.
Group B ETFs at a Glance
Here are the key ETFs in Group B along with their underlying assets:
| # | Ticker | Underlying | Description |
|---|---|---|---|
| 1 | NVDY | NVDA | NVIDIA Covered Call |
| 2 | AMZY | AMZN | Amazon Covered Call |
| 3 | GOOGY | GOOGL | Alphabet (Google) Covered Call |
| 4 | MSTY | MSTR | MicroStrategy Covered Call |
| 5 | SNOY | SNOW | Snowflake Covered Call |
| 6 | DISO | DIS | Disney Covered Call |
| 7 | JPMO | JPM | JPMorgan Covered Call |
| 8 | NETY | NTES | NetEase Covered Call |
| 9 | BABO | BABA | Alibaba Covered Call |
The standout feature of Group B is having NVIDIA (NVDY), the undisputed AI semiconductor leader, and MicroStrategy (MSTY), often called a Bitcoin proxy, in the same group. These two tickers alone drive a significant portion of all Group B activity.
2026 Group B Monthly Dividend Calendar
Below is the full 12-month dividend schedule for Group B in 2026. The pattern follows the second Thursday of each month for ex-dividend dates.
| Month | Ex-Date | Record Date | Pay Date |
|---|---|---|---|
| January | 1/9 (Thu) | 1/9 (Thu) | 1/13 (Mon) |
| February | 2/12 (Thu) | 2/12 (Thu) | 2/17 (Mon) |
| March | 3/12 (Thu) | 3/12 (Thu) | 3/16 (Mon) |
| April | 4/10 (Thu) | 4/10 (Thu) | 4/14 (Mon) |
| May | 5/8 (Thu) | 5/8 (Thu) | 5/12 (Mon) |
| June | 6/12 (Thu) | 6/12 (Thu) | 6/16 (Mon) |
| July | 7/10 (Thu) | 7/10 (Thu) | 7/14 (Mon) |
| August | 8/13 (Thu) | 8/13 (Thu) | 8/18 (Mon) |
| September | 9/11 (Thu) | 9/11 (Thu) | 9/15 (Mon) |
| October | 10/9 (Thu) | 10/9 (Thu) | 10/14 (Mon) |
| November | 11/13 (Thu) | 11/13 (Thu) | 11/17 (Mon) |
| December | 12/11 (Thu) | 12/11 (Thu) | 12/15 (Mon) |
Note: Ex-dividend dates may shift by 1~2 days around U.S. holidays (e.g., Presidents’ Day, Independence Day). Always confirm with official YieldMax filings before making investment decisions.
When Do I Need to Buy to Receive the Dividend?
The core principle is the same across all groups: buy and hold by market close on the business day before the ex-dividend date.
For example, if the April ex-date is April 10 (Thursday), you need to complete your purchase by April 9 (Wednesday) before market close. With T+1 settlement, buying on April 9 means settlement on April 10, qualifying you for the dividend.
Monthly Purchase Deadlines
| Month | Ex-Date | Last Day to Buy |
|---|---|---|
| January | 1/9 (Thu) | 1/8 (Wed) |
| February | 2/12 (Thu) | 2/11 (Wed) |
| March | 3/12 (Thu) | 3/11 (Wed) |
| April | 4/10 (Thu) | 4/9 (Wed) |
| May | 5/8 (Thu) | 5/7 (Wed) |
| June | 6/12 (Thu) | 6/11 (Wed) |
| July | 7/10 (Thu) | 7/9 (Wed) |
| August | 8/13 (Thu) | 8/12 (Wed) |
| September | 9/11 (Thu) | 9/10 (Wed) |
| October | 10/9 (Thu) | 10/8 (Wed) |
| November | 11/13 (Thu) | 11/12 (Wed) |
| December | 12/11 (Thu) | 12/10 (Wed) |
Group B ETF Investment Profiles
Group B ETFs can be categorized by the characteristics of their underlying assets.
Ultra-High Yield (High Volatility)
- MSTY (MicroStrategy): The crown jewel of Group B for yield chasers. MicroStrategy holds massive Bitcoin reserves, so crypto market volatility flows directly into option premiums. Annualized yields have exceeded 100% in some months, but NAV drawdowns can be equally extreme. This is the definition of high risk, high reward.
- NVDY (NVIDIA): Built on the AI semiconductor giant. Earnings seasons and AI-related news can produce enormous volatility spikes, generating substantial option premiums. NVDY consistently ranks among the highest-volume tickers in the entire YieldMax lineup.
Big Tech (Moderate Volatility)
- AMZY (Amazon): Backed by Amazon’s stable e-commerce and AWS cloud businesses. Yields are moderate but NAV tends to be relatively resilient compared to higher-volatility peers.
- GOOGY (Google/Alphabet): Covers search, advertising, cloud, and AI. Outside of earnings season, volatility tends to be lower, keeping yields on the conservative side.
- SNOY (Snowflake): A cloud data platform play with growth-stock-level volatility that generates solid premiums.
Traditional Large-Caps (Lower Volatility)
- DISO (Disney): A media and entertainment blue-chip. Lower volatility means lower yields, but the underlying asset is relatively stable.
- JPMO (JPMorgan): Based on America’s largest bank. Yields vary with the interest rate environment but generally sit in the lower range for Group B.
- NETY (NetEase): A Chinese gaming and internet company. China market risk adds volatility that can occasionally boost premiums.
- BABO (Alibaba): China’s e-commerce giant. Regulatory risks and geopolitical factors contribute to elevated volatility.
Group A vs Group B Schedule Comparison
Seeing the two schedules side by side makes the dividend relay strategy much clearer:
| Month | Group A Ex-Date | Group B Ex-Date | Gap |
|---|---|---|---|
| January | 1/2 (Thu) | 1/9 (Thu) | 7 days |
| February | 2/5 (Thu) | 2/12 (Thu) | 7 days |
| March | 3/5 (Thu) | 3/12 (Thu) | 7 days |
| April | 4/3 (Thu) | 4/10 (Thu) | 7 days |
| May | 5/1 (Thu) | 5/8 (Thu) | 7 days |
| June | 6/5 (Thu) | 6/12 (Thu) | 7 days |
| July | 7/3 (Thu) | 7/10 (Thu) | 7 days |
| August | 8/6 (Thu) | 8/13 (Thu) | 7 days |
| September | 9/3 (Thu) | 9/11 (Thu) | 8 days |
| October | 10/2 (Thu) | 10/9 (Thu) | 7 days |
| November | 11/5 (Thu) | 11/13 (Thu) | 8 days |
| December | 12/4 (Thu) | 12/11 (Thu) | 7 days |
As you can see, there’s roughly one week between Group A and Group B ex-dates. Investing in both groups means back-to-back dividend payments in the first and second weeks of every month.
The Dividend Relay Strategy
The dividend relay strategy involves investing across Groups A, B, C, and D to receive weekly dividends:
| Week | Dividend Group | Key Tickers |
|---|---|---|
| Week 1 | Group A | TSLY, CONY, APLY |
| Week 2 | Group B | NVDY, MSTY, GOOGY |
| Week 3 | Group C | YMAX, YMAG, etc. |
| Week 4 | Group D | MSFO, PLTY, etc. |
Group B serves as the second leg of the relay. NVDY and MSTY, with their high yields, often act as the engine that drives overall relay returns higher.
Tax Considerations and Risks
U.S. Withholding Tax
YieldMax ETF dividends are subject to U.S. withholding tax. The rate depends on your country’s tax treaty with the U.S. — typically 15~30% withheld at the source. U.S. taxpayers owe ordinary income tax on distributions.
NAV Erosion Risk
Covered call strategies cap your upside when the underlying surges and expose you to full downside when it drops. MSTY is particularly vulnerable during Bitcoin selloffs — NAV can plummet rapidly. Always monitor total return (dividends minus NAV decline), not just yield.
Dividend Variability
Monthly payouts are not fixed. They depend on option premiums, underlying price action, and market volatility (VIX). Don’t assume current high yields will persist indefinitely.
Frequently Asked Questions
Should I pick NVDY or MSTY?
They’re fundamentally different investments. NVDY is a bet on AI semiconductor growth with monthly income, while MSTY gives you indirect Bitcoin exposure with ultra-high yields. Your choice depends on your view of the underlying asset and your risk tolerance. For a detailed comparison, check out our NVDY vs CONY comparison.
Monthly Deep-Dive Articles
- April Group B Dividend Detailed Analysis
- May detailed analysis (coming soon)
- June detailed analysis (coming soon)
I update monthly analysis posts as dividend declarations are announced. Bookmark for easy reference.
2026 Annual Calendars for Other Groups
Final Thoughts
I’ve compiled the complete 2026 YieldMax Group B dividend schedule month by month. Group B pays during the second week and features NVDY and MSTY — two of the most popular and highest-yielding ETFs in the entire YieldMax ecosystem.
However, high yields come with real risks. NAV erosion and dividend variability are constants with covered call ETFs. MSTY in particular is highly sensitive to Bitcoin price action, so keep an eye on crypto market trends if you hold it.
This article is updated whenever schedules change or new information becomes available. For the most accurate investment decisions, always verify with the official YieldMax website and your brokerage’s filings.
When does YieldMax Group B pay dividends each month?
Group B pays dividends during the second week of each month, roughly one week after Group A's payout.
What are the most popular ETFs in Group B?
NVDY (NVIDIA-based) and MSTY (MicroStrategy-based) attract the highest trading volume and investor interest in Group B.
Can the Group B dividend schedule change?
Yes, ex-dividend and pay dates may shift by 1~2 days due to U.S. holidays or market conditions. Always verify with official filings before making investment decisions.