YieldMax PLTY Sets Next Weekly Distribution at $0.2554 per Share

YieldMax PLTR Option Income Strategy ETF (PLTY) set its next weekly distribution at $0.2554 per share on Oct. 21, down from $0.5632 the previous week. The prior payout was scheduled for Oct. 16; the previous PLTY distribution was $0.5632 per share.

Oct. 22 is both the ex-dividend date and the record date. Payment is scheduled for Oct. 23.

PLTY’s distribution rate was 37.24% based on the Oct. 20 close. Its 30-day SEC yield was 2.28% for the period ended Sept. 30 and excludes option income. The distribution rate annualizes the latest payout against the fund’s net asset value; it does not represent total return. Neither figure indicates future distributions, which are not guaranteed.

The actively managed fund sells call spreads tied to Palantir Technologies Inc. (PLTR) to pursue weekly income while seeking participation in the stock’s gains. The latest distribution was estimated to be 100% income and 0% return of capital. Final tax treatment will be determined on Form 1099-DIV.