YieldMax Sets OARK Weekly Distribution at $0.1499 per Share

YieldMax set a $0.1499-per-share weekly distribution for the YieldMax Innovation Option Income Strategy ETF (OARK), with payment scheduled for Oct. 23. The fund set Oct. 22 as both the ex-dividend date and the record date. The payout is lower than the fund’s preceding weekly distribution of $0.1908 per share, which was scheduled for payment Oct. 16. TokenPost previously covered that OARK distribution . The fund listed a 28.11% distribution rate based on the Oct. 20 close. The rate annualizes the latest payout against the fund’s net asset value (NAV), so it does not measure total return.

Source: TokenPost