The ETF raises its weekly distribution by 30% to $0.0705, reflecting a 36.72% annualized distribution rate.
YieldMax Short N100 Option Income Strategy ETF (YQQQ) increased its weekly distribution to $0.0705, a 30.07% rise from the prior week’s $0.0542. The move lifts the annual distribution rate to 36.72%, with an SEC yield of 2.86% and a 92.68% return of capital.
The prior week’s distribution stood at $0.0542, marking a sharp increase in payouts. The ETF’s strategy focuses on generating income through options on the Nasdaq-100 Index.
The distribution is payable July 24 to shareholders of record as of July 23, with an ex-dividend date of July 23.