YieldMax’s Short NVDA Option Income Strategy ETF increases its weekly distribution by over 30% to $0.4730 per share.
YieldMax’s Short NVDA Option Income Strategy ETF (DIPS) announced a weekly distribution of $0.4730 per share, a 31.54% increase from the prior week’s $0.3596 payout. The move lifts the fund’s annual distribution rate to 63.52%, with an SEC yield of 2.95%.
The previous distribution stood at $0.3596, marking the first significant adjustment in recent weeks. The fund’s strategy focuses on generating income through options tied to NVDA stock.
The distribution is payable June 22 to shareholders of record as of June 18, with an ex-dividend date of June 18.