YieldMaxCalc

MARO Dividend Calculator

YieldMax MARA Option Income Strategy ETF — Project your returns with dividend reinvestment (DRIP). Pays weekly.

MARO Dividend Calculator
Next MARO distributionAnnouncement, ex-date and pay dates

= $2.8652 / share / year

0% = yield stays constant. Negative models normalization (e.g. -10%/yr).

1Y: -79.0%

years
Portfolio Growth

No DRIP vs DRIP

Portfolio Value$26$41.1KTotal Dividends$14.8K$139.1KAnnual Dividend$19$30.4KYoC0.19%305.40%

DRIP Advantage

Total invested: $10.0K

+158.7K%

$41.1K more

Income Goal
/ month

Reached in year 10

MARO crosses $16.8K/yr ($1,400.00/mo) of dividend income in year 10 of the projection. Goal auto-suggested from your inputs — bump it up to model a stretch target.

Scenarios

Three realistic paths for high-yield funds: yield holds, yield compresses, yield normalizes. Click any card to load it.

This projection holds the yield constant. Deciding whether that assumption is reasonable means looking at what drives the payout: the underlying company or holdings, their earnings outlook and volatility. Koyfin lets you compare that assumption with the stock's actual history and outlook.

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What is MARO?

MARO is a YieldMax single-stock option income ETF that generates weekly distributions by selling (writing) call option spreads on MARA. The fund doesn't simply hold MARA shares — instead, it uses a synthetic options strategy with U.S. Treasury securities as collateral to create exposure to MARA while harvesting option premiums.

Latest MARO distribution

Per share
$0.0551
Distribution rate
70.28%
30-day SEC yield
2.90%
ROC %
0.00%
Declared
Aug 12, 2026
Ex-date
Aug 13, 2026
Payable
Aug 14, 2026

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MARO Real Yield

Headline yield adjusted for NAV erosion (1Y)

HeadlineReal223.0%-32.2%
NAV -79.0%

255% of the headline yield has been offset by share price decline over the past 1Y.

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How MARO generates income

MARO is a YieldMax single-stock option income ETF that generates weekly distributions by selling (writing) call option spreads on MARA. The fund doesn't simply hold MARA shares — instead, it uses a synthetic options strategy with U.S. Treasury securities as collateral to create exposure to MARA while harvesting option premiums.

Each week, the fund sells call options on MARA at strike prices above the current market price. The premiums collected from these sales are the primary source of the distributions paid to shareholders. When MARA's implied volatility is high, option premiums are larger and distributions tend to be bigger. When volatility is low, distributions shrink.

The core trade-off: your upside participation in MARA's price gains is capped at the sold call strike price. If MARA rallies sharply, MARO will underperform holding MARA directly. In exchange, you receive weekly income that can be substantial — but it's not guaranteed and varies with market conditions.

A significant portion of MARO's distributions may be classified as return of capital (ROC). This is not taxable income — it reduces your cost basis instead. Check the ROC % in the latest distribution announcement above to understand how much of your "dividend" is actually your own capital being returned.

Underlying
MARA
Strategy
Call option spreads on MARA
Income source
Option premiums
Distribution
Weekly (Group 2, Wednesday)
Expense ratio
0.99%
Issuer
YieldMax (Tidal Financial)

About the MARO Dividend Calculator

This MARO dividend calculator projects how your position grows with and without DRIP (Dividend Reinvestment). Every input is prefilled with live MARO data — current price, latest per-share distribution, detected payment frequency, and historical CAGR — so you can hit calculate immediately, or override any field to model your own assumptions.

The MARO DRIP calculator runs two parallel scenarios: one where every distribution is reinvested into more MARO shares, and one where distributions are taken as cash and never compounded. The gap between the two curves is the compounding premium — the extra wealth you build by letting MARO dividends buy more shares over time. Extra monthly contributions, tax rates, and custom dividend growth rates are all supported, and every calculation runs in your browser with no additional API calls after page load.

Why this calculator is more accurate than most

Traditional DRIP calculators treat dividend-per-share and share-price as two independent quantities that grow at their own separate rates. That works fine for stocks like SCHD or KO, where management sets the payout and the stock price moves with the business. It breaks badly for option-income ETFs like MSTY, NVDY, or TSLY, where distributions are sourced from option premium on the underlying — meaning the dividend dollar is mechanically a fraction of NAV, not a separate variable. Let those two quantities compound independently and you get absurd outputs (trillion-dollar portfolios from $10K) because the implied yield silently grows to 400%+ as price collapses faster than the dollar dividend.

We solve this with two projection modes. Dividend Growth mode is the standard model — correct for dividend-growth stocks and traditional income ETFs. Yield-on-NAV mode (auto-selected when starting yield exceeds 20%) locks the forward yield and recomputes distributions each year asyield × current NAV, so as price falls, dividend-per-share falls proportionally. This matches the physics of option-income funds and produces realistic projections instead of fantasy numbers.

You can toggle between the two modes above the input form. For MARO — a YieldMax option-income ETF — yield-on-NAV is the default and we recommend keeping it on.

The two levers that change results the most are the growth assumptions and the holding period. For a volatile, high-yield fund, a 0% or slightly negative growth assumption is usually more realistic than extrapolating a historical CAGR, because distribution levels often decay as implied volatility normalizes. For stable dividend ETFs and index funds, the 5Y CAGR is a reasonable baseline. The MARO dividend history page shows every past payment in detail, and the total return analyzer strips out NAV erosion to show your real yield.