GraniteShares Yieldboost TSLA ETF (TSYY) Declares $0.1597 Dividend — Key Dates and Investor Guide

GraniteShares Yieldboost TSLA ETF (TSYY) announced a $0.1597 dividend. Ex-dividend date Nov 21; record Nov 21; payment Nov 25. Key investor considerations.

GraniteShares Yieldboost TSLA ETF (NASDAQ: TSYY) has declared a cash dividend, according to NASDAQ Dividends. The fund announced the dividend on Thursday, November 20th, with shareholders of record on Friday, November 21st eligible to receive $0.1597 per share on the payment date of Tuesday, November 25th. The ex-dividend date is listed as Friday, November 21st.

Understanding the timeline is essential for dividend-focused investors. The ex-dividend date (Nov 21) is the cutoff: investors who buy the ETF on or after that date are not entitled to the declared dividend. Shareholders of record on Nov 21 will receive the $0.1597 per share payment on Nov 25. These dates determine who benefits from the payout and can affect short-term trading behavior and intraday pricing.

What the dividend means for TSYY holders: this distribution represents a return of income tied to the GraniteShares Yieldboost TSLA ETF structure. While $0.1597 per share is a fixed per-share amount for this declaration, investors should assess dividend payments in the context of total returns, which include share price movements and any changes in the ETF’s strategy or holdings. For up-to-date performance metrics and yield calculations, review the fund’s official literature or market data platforms.

Investor considerations and strategies: income-seeking investors may appreciate regular dividend distributions, but it’s important to factor taxes, transaction costs, and reinvestment plans. Short-term traders often trade around ex-dividend dates to capture or avoid dividend-related moves, while long-term holders typically focus on the ETF’s broader exposure and risk profile. Since this fund targets Tesla-related yield strategies, consider Tesla’s volatility and market dynamics when evaluating TSYY for your portfolio.

Finally, always verify dividend announcements and record/ex-dividend dates with official sources and your broker, as details can change. If you’re unsure how a distribution impacts your tax situation or portfolio allocation, consult a financial advisor. Staying informed about GraniteShares Yieldboost TSLA ETF (TSYY) news and performance will help you make timely, well-informed investment decisions.

Back