YieldMax Cuts HOOY Weekly Distribution 10.6% to $0.2329

YieldMax declared a weekly distribution of $0.2329 per share for the YieldMax HOOD Option Income Strategy ETF (HOOY), 10.6% below its prior payout, with payment set for Nov. 6. The fund set Thursday, Nov. 5, as both the ex-dividend and record date. Shareholders of record that day are eligible for the distribution. The latest payout is $0.0277 below the $0.2606 distribution declared Oct. 28. HOOY’s Oct. 14 weekly distribution of $0.3012 per share was also higher than the latest amount. HOOY seeks weekly income by selling call spreads tied to Robinhood Markets Inc. (HOOD).

Source: TokenPost