President Donald Trump has once again floated the idea of issuing a fourth stimulus-style payment, this time in the form of a $2,000 dividend funded by tariff revenue.

But despite the buzz, Americans hoping for a holiday payout may have to wait.

On November 17, 2025, Trump addressed the timing of the proposed dividend, saying it would target “individuals of moderate income” and would likely be issued sometime in 2026, before the midterm elections.

He added: “We’ve taken in hundreds of millions of dollars in tariff money. We’re going to be issuing dividends later on… of thousands of dollars for individuals of moderate income, middle income