Does MMIT pay a dividend?

Yes. NYLI MacKay Muni Intermediate ETF pays a monthly dividend, currently yielding 3.65% based on trailing twelve-month payments of $0.88 per share.

How much does MMIT pay in dividends?

$0.88 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next MMIT ex-dividend date?

No upcoming ex-dividend date is currently on record for MMIT. Dates appear here once the company declares them.

MMIT Dividend

NYLI MacKay Muni Intermediate ETF

AMEXFinancial ServicesETFData as of August 12, 2026

Dividend yield: 3.65%
Annual dividend: $0.88
Payout ratio: —
Frequency: Monthly
Share price: $24.06
Market cap: $1.5B

Is MMIT a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is above the market median3.65% against a median of 2.78% across US dividend payers.
Payout ratio does not applyThis is a fund. It distributes income received from its holdings rather than paying out of its own earnings, so a payout ratio is not a meaningful measure.
Dividend has been cut 3 timesAcross 9 complete years, the annual total fell in 2020, 2021, 2024. The most recent reduction was in 2024.
Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.

MMIT dividend history

Annual dividend per share, 2017 to 2025.

Peak $0.8512 in 2023Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for MMIT, most recent first.
Ex-dividend date	Pay date	Amount	Type
July 31, 2026	August 4, 2026	$0.0740	Monthly
June 30, 2026	July 2, 2026	$0.0712	Monthly
May 29, 2026	June 2, 2026	$0.0822	Monthly
April 30, 2026	May 4, 2026	$0.0725	Monthly
March 31, 2026	April 2, 2026	$0.0738	Monthly
February 27, 2026	March 3, 2026	$0.0668	Monthly
January 30, 2026	February 3, 2026	$0.0734	Monthly
December 30, 2025	January 5, 2026	$0.0736	Monthly
December 1, 2025	December 5, 2025	$0.0711	Monthly
November 3, 2025	November 7, 2025	$0.0740	Monthly
October 1, 2025	October 6, 2025	$0.0701	Monthly
September 2, 2025	September 8, 2025	$0.0751	Monthly
August 1, 2025	August 6, 2025	$0.0726	Monthly
July 1, 2025	July 7, 2025	$0.0627	Monthly
June 2, 2025	June 6, 2025	$0.0760	Monthly
April 30, 2025	May 5, 2025	$0.0734	Irregular
April 1, 2025	April 7, 2025	$0.0745	Monthly
March 3, 2025	March 7, 2025	$0.0675	Monthly
February 3, 2025	February 7, 2025	$0.0713	Monthly
December 30, 2024	January 3, 2025	$0.0507	Irregular
December 2, 2024	December 5, 2024	$0.0778	Monthly
November 1, 2024	November 6, 2024	$0.0791	Monthly
October 1, 2024	October 4, 2024	$0.0760	Monthly
September 3, 2024	September 6, 2024	$0.0787	Monthly
August 1, 2024	August 6, 2024	$0.0787	Monthly
July 1, 2024	July 5, 2024	$0.0755	Irregular
June 3, 2024	June 6, 2024	$0.0793	Monthly
May 1, 2024	May 7, 2024	$0.0767	Monthly
April 1, 2024	April 5, 2024	$0.0785	Monthly
March 1, 2024	March 7, 2024	$0.0741	Monthly
February 1, 2024	February 7, 2024	$0.0779	Monthly
December 28, 2023	January 5, 2024	$0.0754	Monthly
December 1, 2023	December 7, 2023	$0.0731	Monthly
November 1, 2023	November 7, 2023	$0.0698	Monthly
October 2, 2023	October 6, 2023	$0.0711	Monthly
September 1, 2023	September 8, 2023	$0.0733	Monthly
August 1, 2023	August 7, 2023	$0.0735	Monthly
July 3, 2023	July 10, 2023	$0.0705	Monthly
June 1, 2023	June 7, 2023	$0.0708	Monthly
May 1, 2023	May 5, 2023	$0.0693	Monthly

How much would MMIT pay you?

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Frequently asked questions

Does MMIT pay a dividend?: Yes. NYLI MacKay Muni Intermediate ETF pays a monthly dividend, currently yielding 3.65% based on trailing twelve-month payments of $0.88 per share.
How much does MMIT pay in dividends?: $0.88 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next MMIT ex-dividend date?: No upcoming ex-dividend date is currently on record for MMIT. Dates appear here once the company declares them.