SMAX Distribution History & Yield

iShares Large Cap Max Buffer Sep ETF · Cboe US

ETF Defined Outcome Annual payer
$28.30
-0.05% today
as of Sep 9, 2026
TTM yield
0.93%
$0.263/share over the last 12 months
Forward yield
0.93%
$0.263/share indicated annual rate
Annual distribution
$0.263
per share, forward
Per payment
$0.263
per share, every year
Frequency
Annual
1 payments a year
Next ex-distribution date
Dec 16, 2026 Estimated
in 98 days
Next pay date
Dec 30, 2026
in 112 days
Last ex-distribution date
Dec 23, 2025
$0.263 per share
Expense ratio
0.50%
AUM 88.3M
5y distribution CAGR
n/a
needs 6+ years of history
Growth streak
1 yr
consecutive annual raises
Years paying
1.7
since Dec 30, 2024
1y total return
+7.3%
price +6.4% + distributions 1.0%

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Wed, Dec 16, 2026 (in 98 days) Dec 30, 2026 $0.263 $26.30 Estimated

Estimated dates and amounts are projected from SMAX's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $0.263 per share.

Distribution payment history

Last 2 payments per share. RegularSpecial

Last 2 payments per share from Dec 30, 2024 to Dec 23, 2025; most recent $0.263$0.00$0.15$0.30Dec 30, 2024: $0.067Dec '24Dec 23, 2025: $0.263Dec '25

Annual distributions per share

Annual dividend per share by calendar year, 2024 to 2026 (year to date)$0.00$0.15$0.302024: $0.067$0.06720242025: $0.263$0.26320252026 (YTD): $0.002026 YTD

How much SMAX do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month4,563$129,125$1,200
$500 / month22,814$645,627$6,000
$1,000 / month45,628$1,291,255$12,000

Based on the forward yield of 0.93%. $10,000 in SMAX would currently pay about $93 a year ($8 a month on average). Model reinvestment and growth →

SMAX distribution history

Download CSV
Ex-datePay dateAmountChange
Dec 23, 2025 $0.263 +292.5%
Dec 30, 2024 $0.067

Payout risk check

Distribution stabilityLow risk

SMAX does not have enough distribution history for a consistency score yet.

Its share price moved +6.4% 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 iShares Large Cap Max Buffer Sep ETF

Under normal market conditions, the fund invests at least 80% of its net assets in securities or other instruments that provide exposure to securities of large-capitalization companies or that provide for the approximate cap or the approximate buffer with respect to securities of large-capitalization companies. The fund is non-diversified.

Fund family: iShares. Category: Defined Outcome. First distribution on our records: Dec 30, 2024. 2 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

SMAX distribution FAQ

When is SMAX's next ex-distribution date?

SMAX's next ex-distribution date is Dec 16, 2026 (in 98 days, estimated from its annual schedule). You must own the shares before that date to receive the payment of about $0.263 per share, expected on Dec 30, 2026.

How often does SMAX pay distributions?

SMAX pays distributions once a year, 1 times a year. The most recent payment was $0.263 per share with an ex-date of Dec 23, 2025.

What is SMAX's distribution yield?

SMAX's trailing 12-month distribution yield is 0.93%, based on $0.263 per share paid over the last year and a share price of $28.30. The forward yield, using the indicated annual rate of $0.263 per share, is 0.93%.

How much does SMAX pay per share?

SMAX pays about $0.263 per share each year, which works out to roughly $0.263 per share a year. 100 shares would collect about $26.30 a year.

Has SMAX grown or cut its distribution?

SMAX has raised its annual distribution for 1 consecutive year.

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

At the current forward yield of 0.93%, you would need about 4,563 shares of SMAX (roughly $129,125 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive once a year, so the monthly figure is an average.

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