YMAG Sets Weekly Distribution at $0.0659, Down 13.97% From Previous Week
Photo: TokenPost
YieldMax set this week’s payment for the YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) at $0.0659 per share, 13.97% below the prior week’s amount. YieldMax announced the distribution Tuesday, Oct. 27, at 6:55 a.m. ET (10:55 UTC). The payout is $0.0107 below YMAG’s $0.0766 distribution announced Oct. 20. An earlier YMAG distribution of $0.0768 was announced Oct. 13, before the Oct. 20 amount. Wednesday, Oct. 28, is both the ex-dividend date and the record date. Payment is scheduled for Thursday, Oct. 29. The fund’s distribution rate was 31.45% as of the Oct. 26 close.
Source: TokenPost
