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YieldMax XOMO ETF Raises Weekly Distribution by 10.38% to $0.0978

YieldMax XOMO ETF Raises Weekly Distribution by 10.38% to $0.0978

Photo: TokenPost

YieldMax announced a $0.0978 weekly distribution for the YieldMax XOM Option Income Strategy ETF (XOMO), 10.38% above its previous payout, with payment scheduled for Nov. 6. YieldMax made the announcement Wednesday, Nov. 4. Thursday, Nov. 5, is the ex-dividend and record date. Shareholders eligible as of that date are scheduled to receive the payment Friday, Nov. 6. The distribution is $0.0092 higher than the previous week’s $0.0886 per share. XOMO’s distribution rate was 45.43% as of the Nov. 3 close. The rate annualizes the latest payment against the fund’s most recent net asset value and does not measure total return.

Source: TokenPost

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