YieldMax ETFs just sent out their dividends today (11/16/2023).
It seems that some Fidelity investors have reported not receiving dividends from the YieldMax ETFs, such as TSLY, CONY, and NVDY, as expected.
Furthermore, there is no direct customer support contact information available for YieldMax.
Here is what you need to do if you have not received your dividend payment.
Check Ex-Dividend Date
Make sure that you invested in the fund before the Ex-Dividend date. This date is important because it determines whether you’re entitled to receive a dividend payment.
To receive your November dividend payment from YieldMax, you must have purchased their ETFs before 11/8/2023.
Contact Fidelity Customer Support
If you’ve bought shares early to get a dividend but can’t see it in your Fidelity account, reach out to their customer support for help.
Sometimes, dividend data takes a bit to show up. Give it a couple of days, and you should see the YieldMax dividends added to your account.
As long as you bought YieldMax ETFs before the Ex-Dividend date, there is nothing to be worried about. Some investors have experienced a delay in receiving their dividend payments in their Fidelity brokerage account. This should be resolved soon; you will see the distribution posted to your account.