YieldMax NVDY Sets $0.057 Weekly Distribution, Down 28.5%

YieldMax set a $0.057 weekly distribution for its NVDA Option Income Strategy ETF (NVDY), a 28.5% decline from the prior payment, with shareholders due to receive it Oct. 23. The earlier weekly payout was $0.0797, declared Oct. 14. Oct. 22 serves as both the fund’s record date and ex-dividend date. NVDY’s distribution rate stood at 25.04% at the Oct. 20 close. The annualized rate relates the latest distribution to the fund’s most recent net asset value; it does not measure total return. The ETF’s 30-day SEC yield was 2.53% for the period ended Sept. 30 and excludes option income.

Source: TokenPost