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YieldMax GMEY ETF Sets Weekly Distribution at $0.3418

YieldMax GMEY ETF Sets Weekly Distribution at $0.3418

Photo: TokenPost

YieldMax’s GME Option Income Strategy ETF (GMEY) set a $0.3418 weekly distribution payable Friday, Oct. 23, 9.5% below its previous payout and reducing the amount due to shareholders. Thursday, Oct. 22, is the ex-dividend and record date. The fund’s prior $0.3776 distribution was scheduled for Friday, Oct. 16. GMEY’s distribution rate was 70.45%, based on its net asset value at the Oct. 20 close. The rate annualizes the latest payment and is not a measure of total return. The fund’s 30-day SEC yield was 2.58% for the period ended Sept. 30 and excludes option income.

Source: TokenPost

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