YieldMax® Universe Fund of Option Income ETFs Announces Weekly Dividend

The YieldMax® Universe Fund of Option Income ETF (YMAX) has declared a weekly dividend of $0.0596 per share, translating to an annual distribution rate of 40.61%. The SEC yield is reported at 75.64%, indicating the fund's high-yield strategy focused on option income generation. The dividend will be payable on September 24 for shareholders of record as of September 23, with shares trading ex-dividend starting that same date. This consistent weekly payout aligns with YMAX’s objective to provide regular cash flow through a diversified portfolio of options strategies.

By Meghavi Singh, SA News Editor · Seeking Alpha ·

YieldMax® Universe Fund of Option Income ETFs Announces Weekly Dividend

Tickers: $YMAX

Topics: dividends ETFs

Read the full article at Seeking Alpha

More World news