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YieldMax Sets RDTY Weekly Distribution at $0.2353 Per Share

YieldMax Sets RDTY Weekly Distribution at $0.2353 Per Share

Photo: TokenPost

YieldMax set a $0.2353 weekly distribution for its R2000 0DTE Covered Call Strategy ETF (RDTY), raising the payment from the prior week as the fund’s ex-dividend and record dates approach. The announcement came at 6:55 a.m. ET (10:55 UTC) Oct. 27. The new amount is $0.0021, or about 0.9%, above the prior $0.2332 distribution , declared Oct. 20. Oct. 28 is both the ex-dividend date and the record date. The record date determines which shareholders are eligible for the distribution. Payment is scheduled for Oct. 29. RDTY’s distribution rate was 36.40% as of the Oct. 26 close.

Source: TokenPost

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