YieldMax Raises YQQQ Weekly Distribution 35.13% to $0.0577
Photo: TokenPost
YieldMax set a $0.0577 weekly distribution for the YieldMax Short N100 Option Income Strategy ETF (YQQQ), 35.13% above the fund’s prior $0.0427 payout. The issuer announced the amount at 6:55 a.m. ET (11:55 UTC) Wednesday, Nov. 4. The new payout is $0.0150 higher than the previous week’s distribution, which YieldMax declared Oct. 28 in its earlier YQQQ distribution announcement . Shareholders must be on record Nov. 5, which is also the ex-dividend date. Payment is scheduled for Friday, Nov. 6. The fund’s distribution rate was 30.59% at the Nov. 3 market close.
Source: TokenPost
