Add as a preferred source on GoogleYieldMax NVDY Sets $0.057 Weekly Distribution, Down 28.5%
Oct. 22 is both the ex-dividend date and the record date; payment is scheduled for Oct. 23. The fund’s distribution rate was 25.04% at the Oct. 20 close.
YieldMax set a $0.057 weekly distribution for its NVDA Option Income Strategy ETF (NVDY), a 28.5% decline from the prior payment, with shareholders due to receive it Oct. 23.
The earlier weekly payout was $0.0797, declared Oct. 14. Oct. 22 serves as both the fund’s record date and ex-dividend date.
NVDY’s distribution rate stood at 25.04% at the Oct. 20 close. The annualized rate relates the latest distribution to the fund’s most recent net asset value; it does not measure total return. The ETF’s 30-day SEC yield was 2.53% for the period ended Sept. 30 and excludes option income.
The actively managed fund uses call spreads tied to NVIDIA Corp. shares to seek weekly income. Distributions are not guaranteed and may vary. The next payment is scheduled for Oct. 23.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.