NEOS Russell 2000 High Income ETF (IWMI) Dividend

NEOS Russell 2000 High Income ETF (IWMI) currently pays a dividend yield of 13.53%, distributing $7.16 per share annually ($0.63 per month). The company operates in the Diversified Fund sector.

IWMI dividend at a glance

Dividend Yield13.53%
Annual Dividend$7.16 per share
Per Payment$0.63
Payout FrequencyMonthly
Payments per Year12
Next Ex-Dividend DateAugust 22, 2026
Next Payment DateSeptember 12, 2026
SectorDiversified Fund
Implied Share Price (from yield)$52.93

What IWMI pays on a $10,000 investment

At a 13.53% yield, $10,000 invested in IWMI generates about $1,353.00 per year, or roughly $112.75 every month. Share counts below use an implied price of $52.93, derived from the $7.16 annual dividend and the 13.53% yield.

Amount InvestedApprox. SharesAnnual Dividend IncomeIncome per Month
$1,00018.9$135.30$11.28
$5,00094.5$676.50$56.38
$10,000188.9$1,353.00$112.75
$25,000472.3$3,382.50$281.88
$100,0001,889.1$13,530.00$1,127.50

These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each month — see how the dividend snowball compounds.

IWMI dividend payment schedule

IWMI pays on a monthly schedule — 12 payments a year. The next confirmed ex-dividend date is August 22, 2026, with payment on September 12, 2026. Later rows are projected forward at the same interval and will shift when NEOS Russell 2000 High Income ETF declares each dividend.

Ex-Dividend DatePayment DateAmount per ShareStatus
August 22, 2026September 12, 2026$0.63Confirmed
September 22, 2026October 13, 2026$0.63Projected
October 22, 2026November 12, 2026$0.63Projected
November 22, 2026December 13, 2026$0.63Projected
December 22, 2026January 12, 2027$0.63Projected
January 22, 2027February 12, 2027$0.63Projected

To collect a IWMI dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.

How IWMI's dividend compares

Across the 584 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.75%. IWMI's 13.53% is 9.77 percentage points above that median, ranking 110th of 584 by yield.

Within Diversified Fund, where we track 108 names, the median yield is 42.66% — putting IWMI below its sector.

What the numbers mean

IWMI pays monthly, which suits investors who want dividend income to line up with monthly living expenses rather than arriving in quarterly lumps.

Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.

IWMI dividend FAQ

When is the next IWMI ex-dividend date?

The next IWMI ex-dividend date is August 22, 2026, with the payment scheduled for September 12, 2026. You must own shares before the ex-dividend date to receive that payment.

What is IWMI's dividend yield?

IWMI currently yields 13.53%, based on $7.16 in dividends per share over the past year.

How often does IWMI pay dividends?

IWMI pays monthly, which works out to 12 payments per year of about $0.63 per share.

How much dividend income would $10,000 of IWMI generate?

At the current 13.53% yield, $10,000 invested in IWMI would produce roughly $1,353.00 per year, or about $112.75 per month, before taxes and assuming the dividend holds.

Is IWMI a Dividend Aristocrat?

No. IWMI is not currently on the Dividend Aristocrat or Dividend King list, which require 25 and 50 consecutive years of dividend increases respectively.

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Track IWMI dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.