Roundhill Magnificent Seven Covered Call ETF Declares $0.164 Weekly Dividend
The Roundhill Magnificent Seven Covered Call ETF (MAGY) has declared a weekly dividend of $0.164 per share, payable on October 5 to shareholders of record as of October 2. This is the latest in MAGY's consistent pattern of high-yield distributions, though its performance remains relatively low compared to broader market benchmarks. The ETF focuses on covered call strategies involving a basket of large-cap technology stocks often referred to as the 'Magnificent Seven.' Investors are advised that October 2 will be the ex-dividend date for MAGY shares, meaning new buyers after this point will not receive the dividend.
Tickers: $MAGY
Topics: Dividend Declaration ETFs Roundhill Magnificent Seven Covered Call ETF