The ETF increased its weekly distribution by 1.29% from the prior week, marking a 39.92% annualized rate.
GraniteShares YieldBOOST QQQ ETF (TQQY) announced a weekly distribution of $0.0981, up 1.29% from last week’s $0.0969. The move reflects a 39.92% annual distribution rate and an SEC yield of 0.11%.
The prior week’s payout was $0.0969, with the latest increase aligning with the fund’s yield-focused strategy. Distributions are payable July 21 to shareholders of record as of July 17, with an ex-dividend date of July 17.
No immediate market reaction was reported following the announcement.