YieldMax Sets APLY’s Weekly Distribution at $0.0571, Down 1.38%

YieldMax set a $0.0571-per-share weekly distribution for the YieldMax AAPL Option Income Strategy ETF (APLY), 1.38% below its previous $0.0579 payment. The change marks a $0.0008 reduction from the previous APLY distribution . The fund set Thursday, Nov. 5, as both the ex-dividend and record date. Payment is scheduled for Friday, Nov. 6. APLY’s distribution rate was 25.72% as of the Nov. 3 close. That figure annualizes the latest distribution on the assumption it continues and does not measure total return. For the period ended Oct. 31, the fund’s 30-day SEC yield stood at 2.58%, excluding option income.

Source: TokenPost