YieldMax® Nasdaq 100 0DTE Covered Call ETF Announces Weekly Distribution of $0.2389

The YieldMax® Nasdaq 100 0DTE Covered Call ETF (QDTY) has announced a weekly distribution of $0.2389 per share, translating to an annualized yield rate of 31.20%. The fund's SEC yield is reported at -0.94%, indicating negative returns after expenses and other adjustments. The dividend will be payable on October 8 for shareholders of record as of October 7, with the ex-dividend date also set for October 7. This distribution highlights QDTY’s strategy to generate income through covered call options on the Nasdaq 100 index while managing downside risk.

By Meghavi Singh, SA News Editor · Seeking Alpha ·

YieldMax® Nasdaq 100 0DTE Covered Call ETF Announces Weekly Distribution of $0.2389

Topics: dividends ETF YieldMax

Read the full article at Seeking Alpha

More World news