YieldMax Sets INYY Weekly Distribution at $0.2346, Down 37.94%

YieldMax set a weekly distribution of $0.2346 per share for the YieldMax INTC Option Income Strategy ETF (INYY), a 37.94% decrease from the fund’s prior payout. Nov. 5 is both the ex-distribution date and record date, and payment is scheduled for Nov. 6. The payout is down from $0.3780 declared Oct. 28, the fund’s previous weekly distribution . INYY’s annualized distribution rate was 60.26% as of the Nov. 3 close. The rate is calculated by annualizing the latest distribution and dividing it by the fund’s latest net asset value; it does not measure total return or guarantee future payments.

Source: TokenPost