TCAL Distribution History & Yield

T. Rowe Price Capital Appreciation Premium Income ETF · NYSEArca

ETF Derivative Income Monthly payer Covered callHigh yield
$22.77
-0.65% today
as of Sep 9, 2026
TTM yield
12.18%
$2.774/share over the last 12 months
Forward yield
11.31%
$2.575/share indicated annual rate
Annual distribution
$2.575
per share, forward
Per payment
$0.2146
per share, every month
Frequency
Monthly
12 payments a year
Next ex-distribution date
Sep 30, 2026 Estimated
in 21 days
Next pay date
Oct 14, 2026
in 35 days
Last ex-distribution date
Aug 31, 2026
$0.174 per share
Expense ratio
0.34%
AUM 308.8M
Consistency
83/100
fairly stable payouts
5y distribution CAGR
n/a
needs 6+ years of history
Growth streak
0 yrs
no current streak
Years paying
1.4
since Apr 25, 2025
1y total return
+4.3%
price -7.0% + distributions 11.3%

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Wed, Sep 30, 2026 (in 21 days) Oct 14, 2026 $0.2146 $21.46 Estimated
Fri, Oct 30, 2026 (in 51 days) Nov 13, 2026 $0.2146 $21.46 Estimated
Sun, Nov 29, 2026 (in 81 days) Dec 13, 2026 $0.2146 $21.46 Estimated
Tue, Dec 29, 2026 (in 111 days) Jan 12, 2027 $0.2146 $21.46 Estimated
Thu, Jan 28, 2027 (in 141 days) Feb 11, 2027 $0.2146 $21.46 Estimated
Sat, Feb 27, 2027 (in 171 days) Mar 13, 2027 $0.2146 $21.46 Estimated
Mon, Mar 29, 2027 (in 201 days) Apr 12, 2027 $0.2146 $21.46 Estimated
Wed, Apr 28, 2027 (in 231 days) May 12, 2027 $0.2146 $21.46 Estimated
Fri, May 28, 2027 (in 261 days) Jun 11, 2027 $0.2146 $21.46 Estimated
Sun, Jun 27, 2027 (in 291 days) Jul 11, 2027 $0.2146 $21.46 Estimated
Tue, Jul 27, 2027 (in 321 days) Aug 10, 2027 $0.2146 $21.46 Estimated
Thu, Aug 26, 2027 (in 351 days) Sep 9, 2027 $0.2146 $21.46 Estimated

Estimated dates and amounts are projected from TCAL's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $2.575 per share.

Distribution payment history

Last 18 payments per share. RegularSpecial

Last 18 payments per share from Apr 25, 2025 to Aug 31, 2026; most recent $0.174$0.00$0.20$0.40Apr 25, 2025: $0.175Apr '25May 27, 2025: $0.237Jun 25, 2025: $0.218Jul 28, 2025: $0.205Jul '25Aug 26, 2025: $0.203Sep 25, 2025: $0.199Oct 28, 2025: $0.297Oct '25Nov 24, 2025: $0.212Dec 23, 2025: $0.222Jan 27, 2026: $0.257Jan '26Feb 24, 2026: $0.179Mar 26, 2026: $0.221Apr 27, 2026: $0.21Apr '26May 26, 2026: $0.193Jun 25, 2026: $0.18Jun 30, 2026: $0.18Jun '26Jul 31, 2026: $0.25Aug 31, 2026: $0.174

Annual distributions per share

Annual dividend per share by calendar year, 2025 to 2026 (year to date)$0.00$1.25$2.502025: $1.968$1.96820252026 (YTD): $1.844$1.8442026 YTD

How much TCAL do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month467$10,611$1,200
$500 / month2,331$53,056$6,000
$1,000 / month4,661$106,113$12,000

Based on the forward yield of 11.31%. $10,000 in TCAL would currently pay about $1,131 a year ($94 a month on average). Model reinvestment and growth →

TCAL distribution history

Download CSV
Ex-datePay dateAmountChange
Aug 31, 2026 $0.174 -30.4%
Jul 31, 2026 $0.25 +38.9%
Jun 30, 2026 $0.18 +0.0%
Jun 25, 2026 $0.18 -6.7%
May 26, 2026 $0.193 -8.1%
Apr 27, 2026 $0.21 -5.0%
Mar 26, 2026 $0.221 +23.5%
Feb 24, 2026 $0.179 -30.4%
Jan 27, 2026 $0.257 +15.8%
Dec 23, 2025 $0.222 +4.7%
Nov 24, 2025 $0.212 -28.6%
Oct 28, 2025 $0.297 +49.2%
Sep 25, 2025 $0.199 -2.0%
Aug 26, 2025 $0.203 -1.0%
Jul 28, 2025 $0.205 -6.0%
Jun 25, 2025 $0.218 -8.0%
May 27, 2025 $0.237 +35.4%
Apr 25, 2025 $0.175

Payout risk check

Distribution stabilityLow risk

TCAL's last 12 distributions were fairly stable (consistency score 83/100).

Its share price moved -7.0% 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 T. Rowe Price Capital Appreciation Premium Income ETF

The fund normally invests in equities, such as common stocks, and implements a covered call options strategy to achieve its investment objective. Specifically, the fund seeks to provide regular distributions that may consist of dividends from stocks and cash from the covered call option premiums.

Fund family: T. Rowe Price. Category: Derivative Income. First distribution on our records: Apr 25, 2025. 18 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

TCAL distribution FAQ

When is TCAL's next ex-distribution date?

TCAL's next ex-distribution date is Sep 30, 2026 (in 21 days, estimated from its monthly schedule). You must own the shares before that date to receive the payment of about $0.2146 per share, expected on Oct 14, 2026.

How often does TCAL pay distributions?

TCAL pays distributions every month, 12 times a year. The most recent payment was $0.174 per share with an ex-date of Aug 31, 2026.

What is TCAL's distribution yield?

TCAL's trailing 12-month distribution yield is 12.18%, based on $2.774 per share paid over the last year and a share price of $22.77. The forward yield, using the indicated annual rate of $2.575 per share, is 11.31%.

How much does TCAL pay per share?

TCAL pays about $0.2146 per share each month, which works out to roughly $2.575 per share a year. 100 shares would collect about $257.50 a year.

Has TCAL grown or cut its distribution?

As a fund, TCAL'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 TCAL do I need to earn $100 a month?

At the current forward yield of 11.31%, you would need about 467 shares of TCAL (roughly $10,611 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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