MAGY Dividend Calculator
Roundhill Magnificent Seven Covered Call ETF · how much MAGY pays you, by shares or dollars · updated
100 shares of MAGY pay $1,359.50 a year in distributions, about $26.14 each week, at the current weekly distribution of $0.2614 per share (as of Nov 5, 2026). At the $40.33 share price that is a 33.71% yield, so $10,000 buys about 248 shares and pays about $3,371 a year.
Per share, a year
$13.5950
100 shares, a year
$1,359.50
$10,000 invested, a year
$3,371.01
Shares for $1,000 a month
883
MAGY Roundhill Magnificent Seven Covered Call ETF
$40.33 · $13.60/yr dividend · 33.71% yield · weekly
Annual income
$1,360.00
Monthly (average)
$113.33
Per payment (undefined)
$26.15
Dividend yield
33.72%
Yield on cost
—
Enter your cost
Position value
$4,033
Your payments over the next 12 months
Based on MAGY's actual pay dates over the past year
Income over 10 years if the dividend keeps growing 4% a year
Same shares, no reinvestment. Year 10: $1,936 · 10-year total: $16,328. Add reinvestment in the DRIP calculator →
How many MAGY shares for a monthly income
Shares and money needed to earn each monthly amount from MAGY distributions alone, at today's rate and price, before tax. Spreading it across several stocks lowers the risk that one cut hits your whole income.
| Monthly income | Shares needed | Cost today |
|---|---|---|
| $100 a month | 89 | $3,589 |
| $250 a month | 221 | $8,913 |
| $500 a month | 442 | $17,825 |
| $1,000 a month | 883 | $35,611 |
| $2,000 a month | 1,766 | $71,221 |
| $5,000 a month | 4,414 | $178,013 |
How the MAGY distribution is calculated
Yearly income = shares × $13.60
Each payment = shares × $0.2614
Shares for a monthly income = (monthly goal × 12) ÷ $13.60
The rate is MAGY's current distribution as of Nov 5, 2026. Fund distributions change from payment to payment, so treat these as estimates.
Key facts: MAGY dividend income
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, 100 shares of MAGY pay $1,359.50 a year in distributions before tax, about $26.14 each week, at $13.60 per share a year.
- At its Nov 5, 2026 share price of $40.33, MAGY yields 33.71%: $10,000 buys about 248 shares, which pay about $3,371.01 a year.
- Earning $1,000 a month ($12,000 a year) from MAGY distributions alone takes about 883 shares, roughly $35,611 at today's price, before tax.
Cite this page
SmarterDividends, "MAGY Dividend Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/MAGY/dividend-calculator
Frequently asked questions
How much dividend does 100 shares of MAGY pay?
As of Nov 5, 2026, 100 shares of MAGY pay $1,359.50 a year in distributions before tax, about $26.14 each week, at $13.60 per share a year.
How much dividend does 1,000 shares of MAGY pay?
About $13,595 a year before tax, or $261.44 each week, at MAGY's current rate of $13.60 per share a year. Buying 1,000 shares costs about $40,329 at the Nov 5, 2026 price.
How many shares of MAGY do I need to make $1,000 a month?
About 883 shares. $1,000 a month is $12,000 a year; divided by $13.60 a share, that's 883 shares, or about $35,611 at today's $40.33 price. Taxes in a regular brokerage account raise the number.
How much do I need to invest in MAGY to make $100 a month?
About $3,560. $100 a month is $1,200 a year, and at a 33.71% yield that takes $3,560, or about 89 shares.
How often does MAGY pay distributions?
MAGY pays every week, so you get 52 payments a year of about $0.2614 per share each.
How is the MAGY distribution calculated?
Multiply your shares by the distribution per share. MAGY pays about $13.60 per share a year, so each share earns $13.60 a year and $0.2614 each week. Shares bought on or after the ex-dividend date don't get the next payment.
Are MAGY distributions taxed?
In a U.S. taxable account, yes. How a fund's distributions are taxed depends on where its income comes from: dividends from stocks are often qualified, while interest, option premium and return of capital are treated differently. The fund's annual tax statement gives the split. Inside an IRA, Roth IRA or 401(k), distributions aren't taxed when paid.
Figures use SmarterDividends data as of Nov 5, 2026, before tax, and assume the current distribution rate holds. For information only, not investment or tax advice. Back to MAGY