YieldMax Sets BABO Weekly Distribution at $0.0405 for Nov. 6 Payment

YieldMax set a $0.0405-per-share weekly distribution for its BABA Option Income Strategy ETF (BABO), up about 0.75% from the prior payment, with payment scheduled for Nov. 6. The fund announced the distribution Nov. 4 and set Nov. 5 as both the ex-dividend date and the record date. The new amount is $0.0003 above the previous $0.0402 distribution, scheduled for payment Oct. 30. BABO’s previous weekly distribution was also set on a weekly schedule. BABO’s distribution rate was 32.69% as of the Nov. 3 market close.

Source: TokenPost