MMCA is New York Life Investment Management LLC's NYLI MacKay California Muni Intermediate ETF (Muni California Intermediate). Trading at $21.24. Current dividend yield: 3.30%.
Dividend snapshot
| Annual dividend rate | $0.70 |
| Current yield | 3.30% |
| Payment frequency | Monthly |
| Next ex-dividend date | Sep 28, 2026(in 22 days) |
| Most recent payment date | Sep 02, 2026 |
| Last payment amount | $0.0608 |
| 5-year dividend CAGR | — |
| 3-year dividend CAGR | 6.09% |
| Expense ratio | 0.36% |
| Payout ratio | 0% |
| Market cap | $82M |
| Exchange | PCX |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-08-31 | $0.0608 |
| 2026-07-31 | $0.0597 |
| 2026-06-30 | $0.0565 |
| 2026-05-29 | $0.0586 |
| 2026-04-30 | $0.0581 |
| 2026-03-31 | $0.0614 |
| 2026-02-27 | $0.0540 |
| 2026-01-30 | $0.0579 |
About MMCA
The fund, under normal circumstances, invests at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in municipal bonds, whose interest is, in the opinion of bond counsel for the issuers at the time of issuance, exempt from federal and California income taxes.
Frequently asked
What is MMCA's dividend yield?
MMCA (NYLI MacKay California Muni Intermediate ETF) currently has a dividend yield of 3.30%, which works out to about $0.70 in annual dividend payments per share.
When is MMCA's next ex-dividend date?
MMCA's next ex-dividend date is Sep 28, 2026 (in 22 days). To receive the upcoming dividend, you must own shares before this date.
When did MMCA last pay a dividend?
MMCA's most recent dividend payment date was Sep 02, 2026.
How often does MMCA pay dividends?
MMCA pays dividends on a monthly schedule.
How fast is MMCA growing its dividend?
MMCA has been growing its dividend at a 6.09% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track MMCA in DiviDrip
Add MMCA to your portfolio on DiviDrip to track every buy, DRIP reinvestment, and dividend payment in one place. Free, no credit card, no upsell — built by dividend investors, for dividend investors.
- Open DiviDrip — search MMCA and add your shares.
- View the MMCA Dividend Triangle — see Revenue × EPS × Dividend growth at a glance.
- Stock Screener — find more dividend payers like MMCA.
- DiviDrip Learn — free guides on DRIP, dividend tiers, ETF comparisons.
Data refreshed 2026-09-06. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.