The REX LLY Growth & Income ETF reduces its weekly distribution by 11.12%, lowering yield metrics for shareholders.
The REX LLY Growth & Income ETF (LLII) announced a weekly distribution of $0.1559, an 11.12% decline from the prior week’s $0.1754 payout. The move adjusts the fund’s annual distribution rate to 35.05%, with an SEC yield of 2.76%.
Last week’s distribution stood at $0.1754, marking the first reduction in recent payouts. The fund’s yield metrics reflect the change, though the ex-dividend and record dates remain aligned for May 27, 2026, with payment scheduled for May 28, 2026.
No immediate market reaction was disclosed in the announcement.