SMCY reduces its weekly distribution by 14.72% to $0.0649, reflecting a lower yield for income-focused investors.
YieldMax SMCI Option Income Strategy ETF (SMCY) announced a weekly distribution of $0.0649, down 14.72% from the prior week’s $0.0761. The move marks a reduction in payouts for shareholders amid an annual distribution rate of 78.33% and an SEC yield of 3.25%.
The previous distribution of $0.0761 had set a higher benchmark, but the latest adjustment aligns with broader yield trends in income-focused ETFs. The distribution is payable July 24 to shareholders of record as of July 23, with an ex-dividend date of July 23.