BBYY reduces its weekly distribution by 3.04% from the prior week, marking a decline in shareholder payouts.
GraniteShares YieldBOOST BABA ETF (BBYY) announced a weekly distribution of $0.0922, down 3.04% from last week’s $0.0951. The move reflects a slight reduction in payouts to shareholders.
The ETF’s annual distribution rate stands at 49.15%, with an SEC yield of 2.12%. The distribution is payable July 21 for shareholders of record as of July 17, with an ex-dividend date also set for July 17.
No immediate market reaction was reported following the announcement.