YieldMax’s Nasdaq 100 0DTE Covered Call ETF raises its weekly dividend to $0.3042, reflecting a 39.95% annual distribution rate.
YieldMax’s Nasdaq 100 0DTE Covered Call ETF (QDTY) declared a $0.3042 per share weekly dividend, a 4.3% increase from the prior $0.2917 payout. The move lifts the fund’s annual distribution rate to 39.95%, though its SEC yield remains negative at -0.94%.
The previous dividend stood at $0.2917, marking the second consecutive weekly increase. The fund’s distribution policy targets frequent payouts tied to short-dated options strategies on the Nasdaq 100.
The dividend is payable August 6 to shareholders of record as of August 5, with an ex-dividend date of August 5.