YieldMax Sets BIGY’s November Distribution at $0.4977 Per Share

YieldMax set the November distribution for its Target 12 Big 50 Option Income ETF (BIGY) at $0.4977 per share, 6.5% below October’s payout, with payment scheduled for Nov. 5. Nov. 4 is both the ex-dividend date and the record date. The record date determines which shareholders are eligible for the payment; buyers on or after the ex-dividend date are not entitled to that distribution. BIGY’s previous distribution was $0.5323 per share. The new amount is $0.0346 lower, a calculated decline of about 6.5%. BIGY’s distribution rate was 12% as of the Nov. 2 close.

Source: TokenPost