CONY reduces its weekly payout to $0.243 per share, lowering the annual distribution rate to 63.52%.
YieldMax COIN Option Income Strategy ETF (CONY) announced a $0.243 per share weekly dividend, marking a 13% decrease from the prior $0.279 payout. The move adjusts the fund’s annual distribution rate to 63.52%, with an SEC yield of 3.27%.
The previous dividend stood at $0.279, and the ETF’s return of capital component is 95.62%. The dividend is payable July 17 to shareholders of record.
No immediate market reaction was disclosed in the announcement.