YieldMax’s XOMO ETF increases its weekly distribution by 12.7% to $0.0771, reflecting a 34.91% annualized rate.
YieldMax’s XOM Option Income Strategy ETF (XOMO) announced a weekly distribution of $0.0771, a 12.72% increase from the prior week’s $0.0684. The move lifts the annual distribution rate to 34.91%, with an SEC yield of 2.45%. Return of capital accounts for 61.65% of the payout.
The distribution is payable June 12 to shareholders of record as of June 11, with an ex-dividend date of June 11. The prior week’s distribution was $0.0684, marking the second consecutive increase in payouts for the fund.
The ETF focuses on generating income through options strategies tied to Exxon Mobil (XOM) stock, targeting high-yield distributions for investors.