HIPS Distribution History & Yield
GraniteShares HIPS US High Income ETF · NYSEArca
Upcoming distribution payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Mon, Oct 26, 2026 (tomorrow) | Nov 9, 2026 | $0.108 | $10.80 | Estimated |
| Wed, Nov 25, 2026 (in 31 days) | Dec 9, 2026 | $0.108 | $10.80 | Estimated |
| Fri, Dec 25, 2026 (in 61 days) | Jan 8, 2027 | $0.108 | $10.80 | Estimated |
| Sun, Jan 24, 2027 (in 91 days) | Feb 7, 2027 | $0.108 | $10.80 | Estimated |
| Tue, Feb 23, 2027 (in 121 days) | Mar 9, 2027 | $0.108 | $10.80 | Estimated |
| Thu, Mar 25, 2027 (in 151 days) | Apr 8, 2027 | $0.108 | $10.80 | Estimated |
| Sat, Apr 24, 2027 (in 181 days) | May 8, 2027 | $0.108 | $10.80 | Estimated |
| Mon, May 24, 2027 (in 211 days) | Jun 7, 2027 | $0.108 | $10.80 | Estimated |
| Wed, Jun 23, 2027 (in 241 days) | Jul 7, 2027 | $0.108 | $10.80 | Estimated |
| Fri, Jul 23, 2027 (in 271 days) | Aug 6, 2027 | $0.108 | $10.80 | Estimated |
| Sun, Aug 22, 2027 (in 301 days) | Sep 5, 2027 | $0.108 | $10.80 | Estimated |
| Tue, Sep 21, 2027 (in 331 days) | Oct 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 $1.404 per share.
Distribution payment history
Last 40 payments per share. RegularSpecial
Annual distributions per share
How much HIPS do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 926 | $9,676 | $1,200 |
| $500 / month | 4,630 | $48,380 | $6,000 |
| $1,000 / month | 9,260 | $96,759 | $12,000 |
Based on the forward yield of 12.40%. $10,000 in HIPS would currently pay about $1,240 a year ($103 a month on average). Model reinvestment and growth →
HIPS distribution history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| 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% |
| Aug 28, 2024 | — | $0.108 | +0.0% |
| Jul 29, 2024 | — | $0.108 | +0.0% |
| Jun 26, 2024 | — | $0.108 | +0.0% |
| May 29, 2024 | — | $0.108 | +0.0% |
| Apr 26, 2024 | — | $0.108 | +0.0% |
| Mar 26, 2024 | — | $0.108 | +0.0% |
| Feb 27, 2024 | — | $0.108 | +0.0% |
| Jan 29, 2024 | — | $0.108 | +0.0% |
| Dec 27, 2023 | — | $0.108 | +0.0% |
| Nov 28, 2023 | — | $0.108 | +0.0% |
| Oct 27, 2023 | — | $0.108 | +0.0% |
| Sep 27, 2023 | — | $0.108 | +0.0% |
| Aug 29, 2023 | — | $0.108 | +0.0% |
| Jul 27, 2023 | — | $0.108 | +0.0% |
| Jun 28, 2023 | — | $0.108 | +0.0% |
| May 26, 2023 | — | $0.108 | +0.0% |
| Apr 26, 2023 | — | $0.108 | +0.0% |
| Mar 29, 2023 | — | $0.108 | +0.0% |
| Feb 24, 2023 | — | $0.108 | +0.0% |
| Jan 27, 2023 | — | $0.108 | +0.0% |
| Dec 28, 2022 | — | $0.108 | +0.0% |
| Nov 28, 2022 | — | $0.108 | +0.0% |
| Oct 27, 2022 | — | $0.108 | +0.0% |
| Sep 28, 2022 | — | $0.108 | +0.0% |
| Aug 29, 2022 | — | $0.108 | +0.0% |
| Jul 27, 2022 | — | $0.108 | +0.0% |
| Jun 28, 2022 | — | $0.108 | +0.0% |
| May 26, 2022 | — | $0.108 | +0.0% |
| Apr 27, 2022 | — | $0.108 | +0.0% |
| Mar 29, 2022 | — | $0.108 | +0.0% |
| Feb 24, 2022 | — | $0.108 | +0.0% |
| Jan 27, 2022 | — | $0.108 | +0.0% |
| Dec 30, 2021 | — | $0.108 | +0.0% |
| Nov 17, 2021 | — | $0.108 | +0.0% |
| Oct 13, 2021 | — | $0.108 | +0.0% |
| Sep 15, 2021 | — | $0.108 | +0.0% |
| Aug 18, 2021 | — | $0.108 | +0.0% |
| Jul 14, 2021 | — | $0.108 | +0.0% |
| Jun 16, 2021 | — | $0.108 | +0.0% |
| May 19, 2021 | — | $0.108 | +0.0% |
| Apr 14, 2021 | — | $0.108 | +0.0% |
| Mar 17, 2021 | — | $0.108 | +0.0% |
| Feb 17, 2021 | — | $0.108 | +0.0% |
| Jan 13, 2021 | — | $0.108 | +0.0% |
| Dec 30, 2020 | — | $0.108 | +0.0% |
| Nov 18, 2020 | — | $0.108 | +0.0% |
| Oct 14, 2020 | — | $0.108 | +0.0% |
| Sep 16, 2020 | — | $0.108 | +0.0% |
| Aug 19, 2020 | — | $0.108 | +0.0% |
| Jul 15, 2020 | — | $0.108 | +0.0% |
| Jun 17, 2020 | — | $0.108 | +0.0% |
| May 13, 2020 | — | $0.108 | +0.0% |
| Apr 15, 2020 | — | $0.108 | +0.0% |
| Mar 18, 2020 | — | $0.108 | +0.0% |
| Feb 19, 2020 | — | $0.108 | +0.0% |
| Jan 15, 2020 | — | $0.108 | +0.0% |
| Dec 30, 2019 | — | $0.108 | +0.0% |
| Nov 13, 2019 | — | $0.108 | +0.0% |
| Oct 16, 2019 | — | $0.108 | +0.0% |
| Sep 18, 2019 | — | $0.108 | +0.0% |
| Aug 14, 2019 | — | $0.108 | +0.0% |
| Jul 17, 2019 | — | $0.108 | +0.0% |
| Jun 19, 2019 | — | $0.108 | +0.0% |
| May 15, 2019 | — | $0.108 | +0.0% |
| Apr 16, 2019 | — | $0.108 | +0.0% |
| Mar 13, 2019 | — | $0.108 | +0.0% |
| Feb 13, 2019 | — | $0.108 | +0.0% |
| Jan 16, 2019 | — | $0.108 | +0.0% |
| Dec 28, 2018 | — | $0.108 | +0.0% |
| Nov 14, 2018 | — | $0.108 | +0.0% |
| Oct 17, 2018 | — | $0.108 | +0.0% |
| Sep 19, 2018 | — | $0.108 | +0.0% |
| Aug 15, 2018 | — | $0.108 | +0.0% |
| Jul 18, 2018 | — | $0.108 | +0.0% |
| Jun 13, 2018 | — | $0.108 | +0.0% |
| May 16, 2018 | — | $0.108 | +0.0% |
| Apr 18, 2018 | — | $0.108 | +0.0% |
| Mar 14, 2018 | — | $0.108 | +0.0% |
| Feb 14, 2018 | — | $0.108 | +0.0% |
| Jan 17, 2018 | — | $0.108 | +0.0% |
| Dec 28, 2017 | — | $0.108 | +0.0% |
| Nov 14, 2017 | — | $0.108 | +0.0% |
| Oct 17, 2017 | — | $0.108 | +0.0% |
| Sep 19, 2017 | — | $0.108 | +0.0% |
| Aug 15, 2017 | — | $0.108 | +0.0% |
| Jul 18, 2017 | — | $0.108 | +0.0% |
| Jun 13, 2017 | — | $0.108 | +0.0% |
| May 16, 2017 | — | $0.108 | +0.0% |
| Apr 18, 2017 | — | $0.108 | +0.0% |
| Mar 14, 2017 | — | $0.108 | +0.0% |
| Feb 14, 2017 | — | $0.108 | +0.0% |
| Jan 17, 2017 | — | $0.108 | +0.0% |
| Dec 28, 2016 | — | $0.108 | +0.0% |
| Nov 15, 2016 | — | $0.108 | +0.0% |
| Oct 18, 2016 | — | $0.108 | +0.0% |
| Sep 13, 2016 | — | $0.108 | +0.0% |
| Aug 16, 2016 | — | $0.108 | +0.0% |
| Jul 19, 2016 | — | $0.108 | +0.0% |
| Jun 14, 2016 | — | $0.108 | +0.0% |
| May 17, 2016 | — | $0.108 | +0.0% |
| Apr 19, 2016 | — | $0.108 | +0.0% |
| Mar 15, 2016 | — | $0.108 | +0.0% |
| Feb 16, 2016 | — | $0.108 | +0.0% |
| Jan 19, 2016 | — | $0.108 | +0.0% |
| Dec 29, 2015 | — | $0.108 | +89.5% |
| Nov 17, 2015 | — | $0.057 | +0.0% |
| Oct 20, 2015 | — | $0.057 | +0.0% |
| Sep 22, 2015 | — | $0.057 | -47.2% |
| Aug 18, 2015 | — | $0.108 | +0.0% |
| Jul 21, 2015 | — | $0.108 | +0.0% |
| Jun 16, 2015 | — | $0.108 | +0.0% |
| May 19, 2015 | — | $0.108 | +0.0% |
| Apr 21, 2015 | — | $0.108 | +0.0% |
| Mar 17, 2015 | — | $0.108 | +0.9% |
| Feb 17, 2015 | — | $0.107 | — |
Payout risk check
HIPS's last 12 distributions were very stable (consistency score 100/100).
Its share price moved -11.4% over the past year.
A 11.4% yield paired with a falling share price is the classic sign of NAV erosion: part of each distribution may be a return of your own capital rather than income the fund earned, and the share price can keep grinding lower even while the headline yield looks attractive.
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: Moderate Allocation. First distribution on our records: Feb 17, 2015. 139 payments tracked. Data last refreshed Oct 22, 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 Oct 26, 2026 (tomorrow, 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 Nov 9, 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 11.37%, based on $1.188 per share paid over the last year and a share price of $10.45. The forward yield, using the indicated annual rate of $1.296 per share, is 12.40%.
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 shrunk at 1.7% a year (-8.3% 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 12.40%, you would need about 926 shares of HIPS (roughly $9,676 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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