YieldMax FIAT Raises Weekly Distribution to $0.2600, Up 18%

YieldMax declared a weekly distribution of $0.2600 per share for the YieldMax Short COIN Option Income Strategy ETF (FIAT), an 18% increase from the prior payment, with payment scheduled for Friday, Oct. 30. The previous distribution was $0.2203 per share, announced Oct. 21. Thursday, Oct. 29, is both the ex-dividend date and the record date. Shareholders on record that day are eligible for the payment. YieldMax estimates that 96.52% of the latest distribution is return of capital and 3.48% is income. The breakdown is preliminary; final tax treatment will be reported on Form 1099-DIV.

Source: TokenPost