YieldMax’s PLTR-focused ETF increases its weekly distribution by 3.03% to $0.3673, with a 56.24% annual distribution rate.
YieldMax’s PLTR Option Income Strategy ETF (PLTY) declared a weekly distribution of $0.3673, marking a 3.03% increase from the prior week’s $0.3565 payout. The move reflects a 56.24% annual distribution rate and an SEC yield of 2.90%. Return of capital accounts for 94.88% of the distribution.
The previous week’s distribution stood at $0.3565, with the ETF maintaining a consistent weekly payout schedule. The ex-dividend and record dates are set for May 28, with payments to follow on May 29.
The ETF’s strategy focuses on generating income through options on Palantir Technologies (PLTR), targeting high distribution yields for investors.