YieldMax Sets BRKC Weekly Distribution at $0.1653, Up 12.53%

YieldMax set a $0.1653 weekly distribution for the YieldMax BRKB Option Income Strategy ETF (BRKC), a 12.53% increase from the prior payment, with cash due to shareholders Oct. 30. The distribution is up from $0.1469 announced Oct. 21. Oct. 29 is the fund’s ex-dividend and record date. YieldMax announced the new amount Oct. 28 at 6:55 a.m. ET (10:55 UTC). BRKC listed a 20.98% distribution rate as of the Oct. 27 close. The figure annualizes the latest distribution against net asset value and does not represent total return. Its 30-day SEC yield was 2.81% for the period ended Sept.

Source: TokenPost