YieldMax Sets AMDY Weekly Distribution at $0.3559, Up 5.1%

YieldMax raised the weekly distribution for its AMD-linked income ETF to $0.3559 per share, a 5.1% increase from the prior week, with payment set for Oct. 30. YieldMax announced the amount Oct. 28. It is $0.0172 above the previous $0.3387 distribution . Oct. 29 is both the ex-dividend date and the record date, which determines eligibility for the payment. AMDY’s distribution rate was 41.54%, based on the Oct. 27 close. The annualized rate assumes the latest distribution repeats and does not represent total return. The fund’s 30-day SEC yield was 2.12% for the period ended Sept.

Source: TokenPost