HIPS Distribution History & Yield

GraniteShares HIPS US High Income ETF · NYSEArca

ETF Aggressive Allocation Monthly payer High yield
$11.76
+0.26% today
as of Sep 9, 2026
TTM yield
11.02%
$1.296/share over the last 12 months
Forward yield
11.02%
$1.296/share indicated annual rate
Annual distribution
$1.296
per share, forward
Per payment
$0.108
per share, every month
Frequency
Monthly
12 payments a year
Next ex-distribution date
Sep 26, 2026 Estimated
in 17 days
Next pay date
Oct 10, 2026
in 31 days
Last ex-distribution date
Aug 27, 2026
$0.108 per share
Expense ratio
1.17%
AUM 122.8M
Consistency
100/100
very stable payouts
5y distribution CAGR
+0.0%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
11.6
since Feb 17, 2015
1y total return
+7.0%
price -3.6% + distributions 10.6%

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Sat, Sep 26, 2026 (in 17 days) Oct 10, 2026 $0.108 $10.80 Estimated
Mon, Oct 26, 2026 (in 47 days) Nov 9, 2026 $0.108 $10.80 Estimated
Wed, Nov 25, 2026 (in 77 days) Dec 9, 2026 $0.108 $10.80 Estimated
Fri, Dec 25, 2026 (in 107 days) Jan 8, 2027 $0.108 $10.80 Estimated
Sun, Jan 24, 2027 (in 137 days) Feb 7, 2027 $0.108 $10.80 Estimated
Tue, Feb 23, 2027 (in 167 days) Mar 9, 2027 $0.108 $10.80 Estimated
Thu, Mar 25, 2027 (in 197 days) Apr 8, 2027 $0.108 $10.80 Estimated
Sat, Apr 24, 2027 (in 227 days) May 8, 2027 $0.108 $10.80 Estimated
Mon, May 24, 2027 (in 257 days) Jun 7, 2027 $0.108 $10.80 Estimated
Wed, Jun 23, 2027 (in 287 days) Jul 7, 2027 $0.108 $10.80 Estimated
Fri, Jul 23, 2027 (in 317 days) Aug 6, 2027 $0.108 $10.80 Estimated
Sun, Aug 22, 2027 (in 347 days) Sep 5, 2027 $0.108 $10.80 Estimated

Estimated dates and amounts are projected from HIPS's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $1.296 per share.

Distribution payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from May 26, 2023 to Aug 27, 2026; most recent $0.108$0.00$0.06$0.12May 26, 2023: $0.108May '23Jun 28, 2023: $0.108Jul 27, 2023: $0.108Aug 29, 2023: $0.108Sep 27, 2023: $0.108Oct 27, 2023: $0.108Oct '23Nov 28, 2023: $0.108Dec 27, 2023: $0.108Jan 29, 2024: $0.108Feb 27, 2024: $0.108Mar 26, 2024: $0.108Mar '24Apr 26, 2024: $0.108May 29, 2024: $0.108Jun 26, 2024: $0.108Jul 29, 2024: $0.108Aug 28, 2024: $0.108Aug '24Sep 26, 2024: $0.108Oct 29, 2024: $0.108Nov 26, 2024: $0.108Dec 27, 2024: $0.108Jan 29, 2025: $0.108Jan '25Feb 26, 2025: $0.108Mar 27, 2025: $0.108Apr 28, 2025: $0.108May 28, 2025: $0.108Jun 26, 2025: $0.108Jun '25Jul 29, 2025: $0.108Aug 27, 2025: $0.108Sep 26, 2025: $0.108Oct 29, 2025: $0.108Nov 25, 2025: $0.108Nov '25Dec 29, 2025: $0.108Jan 28, 2026: $0.108Feb 25, 2026: $0.108Mar 27, 2026: $0.108Apr 28, 2026: $0.108Apr '26May 27, 2026: $0.108Jun 26, 2026: $0.108Jul 29, 2026: $0.108Aug 27, 2026: $0.108

Annual distributions per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$0.75$1.502017: $1.296$1.29620172018: $1.296$1.29620182019: $1.296$1.29620192020: $1.296$1.29620202021: $1.296$1.29620212022: $1.296$1.29620222023: $1.296$1.29620232024: $1.296$1.29620242025: $1.296$1.29620252026 (YTD): $0.864$0.8642026 YTD

How much HIPS do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month926$10,889$1,200
$500 / month4,630$54,444$6,000
$1,000 / month9,260$108,889$12,000

Based on the forward yield of 11.02%. $10,000 in HIPS would currently pay about $1,102 a year ($92 a month on average). Model reinvestment and growth →

HIPS distribution history

Ex-datePay dateAmountChange
Aug 27, 2026 $0.108 +0.0%
Jul 29, 2026 $0.108 +0.0%
Jun 26, 2026 $0.108 +0.0%
May 27, 2026 $0.108 +0.0%
Apr 28, 2026 $0.108 +0.0%
Mar 27, 2026 $0.108 +0.0%
Feb 25, 2026 $0.108 +0.0%
Jan 28, 2026 $0.108 +0.0%
Dec 29, 2025 $0.108 +0.0%
Nov 25, 2025 $0.108 +0.0%
Oct 29, 2025 $0.108 +0.0%
Sep 26, 2025 $0.108 +0.0%
Aug 27, 2025 $0.108 +0.0%
Jul 29, 2025 $0.108 +0.0%
Jun 26, 2025 $0.108 +0.0%
May 28, 2025 $0.108 +0.0%
Apr 28, 2025 $0.108 +0.0%
Mar 27, 2025 $0.108 +0.0%
Feb 26, 2025 $0.108 +0.0%
Jan 29, 2025 $0.108 +0.0%
Dec 27, 2024 $0.108 +0.0%
Nov 26, 2024 $0.108 +0.0%
Oct 29, 2024 $0.108 +0.0%
Sep 26, 2024 $0.108 +0.0%

Payout risk check

Distribution stabilityLow risk

HIPS's last 12 distributions were very stable (consistency score 100/100).

Its share price moved -3.6% over the past year.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About GraniteShares HIPS US High Income ETF

The fund employs a "passive management"-or indexing-investment approach designed to track the performance of the index. The rules-based index measures the performance of up to 40 high income U.S.-listed securities that typically have "pass-through" structures that require them to distribute substantially all of their earnings to shareholders as cash distributions. This "high income, pass-through" strategy is known as HIPS.

Fund family: Graniteshares. Category: Aggressive Allocation. First distribution on our records: Feb 17, 2015. 139 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

HIPS distribution FAQ

When is HIPS's next ex-distribution date?

HIPS's next ex-distribution date is Sep 26, 2026 (in 17 days, estimated from its monthly schedule). You must own the shares before that date to receive the payment of about $0.108 per share, expected on Oct 10, 2026.

How often does HIPS pay distributions?

HIPS pays distributions every month, 12 times a year. The most recent payment was $0.108 per share with an ex-date of Aug 27, 2026.

What is HIPS's distribution yield?

HIPS's trailing 12-month distribution yield is 11.02%, based on $1.296 per share paid over the last year and a share price of $11.76. The forward yield, using the indicated annual rate of $1.296 per share, is 11.02%.

How much does HIPS pay per share?

HIPS pays about $0.108 per share each month, which works out to roughly $1.296 per share a year. 100 shares would collect about $129.60 a year.

Has HIPS grown or cut its distribution?

Over the last 5 years the regular payout has been flat at 0.0% a year (+0.0% over the last year). There has been no cut to a regular payment in the last 5 years. As a fund, HIPS's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.

How many shares of HIPS do I need to earn $100 a month?

At the current forward yield of 11.02%, you would need about 926 shares of HIPS (roughly $10,889 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.

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