Roundhill ARM WeeklyPay ETF Cuts Distribution 17.64% to $0.1736
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Roundhill’s latest weekly payment for the ARM WeeklyPay ETF (ARMW) is $0.1736 per share, 17.64% less than its previous $0.210789 distribution. The fund declared the amount Oct. 23. Oct. 26 is both the ex-dividend date and the date used to determine eligible shareholders. Payment is scheduled for Oct. 27. ARMW targets weekly returns equal to 120% of Arm Holdings plc shares’ total return over a calendar week, before fees and expenses. Roundhill’s formula for setting weekly distributions factors in the reference asset’s performance and implied volatility. Payments can change from week to week and are not guaranteed.
Source: TokenPost
