The ETF reduced its weekly payout by 1.1% from $0.0548, reflecting a 28.21% annual distribution rate.
YieldMax Short N100 Option Income Strategy ETF (YQQQ) announced a $0.0542 per share weekly dividend, down 1.1% from the prior $0.0548 payout. The move adjusts the fund’s annual distribution rate to 28.21%, with an SEC yield of 2.86%.
The previous dividend of $0.0548 was paid in the prior week, marking the first reduction in recent months. The fund’s distribution rate remains elevated compared to traditional income ETFs, though the cut may signal adjustments in option income strategies.
The dividend is payable July 17 to shareholders of record as of July 16, with an ex-dividend date set for July 16.