YieldMax META ETF Lowers Weekly Distribution 27% to $0.0698

YieldMax set a $0.0698-per-share weekly distribution for its META Option Income Strategy ETF (FBY), a 27% decrease from the previous week’s payout. Payment is scheduled for Oct. 23, with Oct. 22 set as the ex-dividend and record date. The latest distribution is $0.0258 per share below the prior $0.0956 payment. YieldMax’s previous FBY distribution was scheduled for payment on Oct. 16. The fund listed a 40.46% distribution rate calculated as of the Oct. 20 close.

Source: TokenPost