YieldMax SLTY Sets $0.2091 Weekly Distribution With 96.39% Estimated Return of Capital

YieldMax declared a weekly distribution of $0.2091 per share for the YieldMax Ultra Short Option Income Strategy ETF (SLTY) on Oct. 20. Payment is scheduled for Oct. 22, with Oct. 21 set as both the ex-date and record date. Shareholders of record on Oct. 21 qualify for the scheduled distribution. The distribution is estimated to consist of 96.39% return of capital and 3.61% income. Return of capital is a return of invested principal, rather than traditional income such as interest or dividends. The final tax character for the year will be reported on Form 1099-DIV after year-end.

Source: TokenPost