MMIT is New York Life Investment Management LLC's NYLI MacKay Muni Intermediate ETF (Muni National Interm). Trading at $23.69. Current dividend yield: 3.66%.
Dividend snapshot
| Annual dividend rate | $0.88 |
| Current yield | 3.66% |
| Payment frequency | Monthly |
| Next ex-dividend date | Aug 31, 2026(3 days ago) |
| Most recent payment date | Aug 04, 2026 |
| Last payment amount | $0.0740 |
| 5-year dividend CAGR | 4.46% |
| 3-year dividend CAGR | 15.76% |
| Expense ratio | 0.30% |
| Payout ratio | 0% |
| Market cap | $1.57B |
| Exchange | PCX |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-08-31 | $0.0741 |
| 2026-07-31 | $0.0740 |
| 2026-06-30 | $0.0712 |
| 2026-05-29 | $0.0822 |
| 2026-04-30 | $0.0725 |
| 2026-03-31 | $0.0738 |
| 2026-02-27 | $0.0668 |
| 2026-01-30 | $0.0733 |
About MMIT
The fund, under normal circumstances, invests at least 80% of its assets (net assets plus the amount of any borrowings for investment purposes) in debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax (“Municipal Bonds”).
Frequently asked
What is MMIT's dividend yield?
MMIT (NYLI MacKay Muni Intermediate ETF) currently has a dividend yield of 3.66%, which works out to about $0.88 in annual dividend payments per share.
When is MMIT's next ex-dividend date?
MMIT's next ex-dividend date is Aug 31, 2026 (3 days ago). To receive the upcoming dividend, you must own shares before this date.
When did MMIT last pay a dividend?
MMIT's most recent dividend payment date was Aug 04, 2026.
How often does MMIT pay dividends?
MMIT pays dividends on a monthly schedule.
How fast is MMIT growing its dividend?
MMIT has been growing its dividend at a 15.76% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track MMIT in DiviDrip
Add MMIT 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 MMIT and add your shares.
- View the MMIT Dividend Triangle — see Revenue × EPS × Dividend growth at a glance.
- Stock Screener — find more dividend payers like MMIT.
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Data refreshed 2026-09-03. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.