Amplify Municipal CEF High Income ETF Announces $0.114 Monthly Dividend
The Amplify Municipal CEF High Income ETF (YYYM) has declared a monthly dividend of $0.114 per share, representing an annualized yield of 7.03%. The payment is scheduled for August 31 and will be distributed to shareholders on record as of August 28. Shareholders must own the stock before this date to receive the payout. This consistent dividend reflects YYYM's focus on generating income through municipal bonds, which are typically exempt from federal taxes. Investors may view this announcement favorably due to its predictable yield and potential appeal for tax-conscious investors.
Tickers: $YYYM