YieldMax Raises DIPS Weekly Distribution 12.11% to $0.2120 Per Share

YieldMax set a $0.2120-per-share weekly distribution for the YieldMax Short NVDA Option Income Strategy ETF (DIPS), 12.11% above its previous distribution, with payment scheduled for Oct. 30.

The fund set Oct. 29 as both the ex-dividend and record date. Its prior distribution was $0.1891 per share, declared Oct. 21.

DIPS listed a 34.60% distribution rate as of the Oct. 27 close. The rate annualizes the latest distribution against the fund’s most recent net asset value and is not total return. Its 30-day SEC yield was 3.38% for the period ended Sept. 30; that measure excludes option income.

The fund seeks income and a position that moves inversely to NVIDIA Corporation (NVDA), with a limit on potential investment gains. Distributions can vary and may include return of capital, which can reduce the fund’s net asset value and trading price. TokenPost previously covered the fund’s Oct. 9 distribution.