Roundhill Sets GOOW Weekly Distribution at $0.278056, Down 37%

Roundhill set its next distribution for Roundhill GOOGL WeeklyPay ETF (GOOW) at $0.278056 per share. The Oct. 23 declaration is 37.04% below the fund’s $0.441671 distribution declared Oct. 16. Payment is scheduled for Tuesday, Oct. 27. GOOW’s record and ex-dividend dates are both Monday, Oct. 26; the record date determines which shareholders qualify for the distribution. The fund aims to make weekly distributions and target a return equal to 120% of Alphabet Inc. common shares’ total return over a calendar week, before fees and expenses. The target is not guaranteed.

Source: TokenPost