Defiance Oil Enhanced Options Income ETF increases its weekly payout to $0.0702, marking a 27.9% jump from the prior week.
Defiance Oil Enhanced Options Income ETF (USOY) announced a weekly distribution of $0.0702, up 27.9% from the previous week’s $0.0549. The move lifts the annual distribution rate to 50.00%.
The distribution is payable July 24 to shareholders of record as of July 23, with an ex-dividend date also set for July 23. The prior week’s payout had been $0.0549, making this the first increase in four weeks.
No immediate market reaction was disclosed in the announcement.