YieldMax’s semiconductor ETF reduces its weekly payout by 2.5%, lowering the annual distribution rate to 40.51%.
YieldMax’s Semiconductor Portfolio Option Income ETF (CHPY) declared a $0.5292 per share weekly dividend, down 2.5% from the prior $0.5428 payout. The move trims the fund’s annual distribution rate to 40.51%, while its SEC yield stands at -0.49%.
The previous dividend of $0.5428 was paid in late July, marking the first reduction in the fund’s payout since its inception. CHPY targets income generation through options strategies tied to semiconductor equities.
The dividend is payable August 6 to shareholders of record on August 5, with an ex-dividend date of August 5.