YieldMax AMZY Raises Weekly Distribution 28% to $0.0640

YieldMax AMZN Option Income Strategy ETF (AMZY) set its weekly distribution at $0.0640 per share, a 28% increase from the $0.0500 payout the prior week. Payment is scheduled for Nov. 6. The fund set Nov. 5 as both the record date and ex-dividend date. An earlier $0.0524-per-share distribution came before last week’s $0.0500 payout. The fund lists an annual distribution rate of 32.81% and an SEC yield of 3.40%. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost