SDTY increases its weekly dividend by 3.1%, reflecting a 26.39% annual distribution rate despite a negative SEC yield.
YieldMax’s S&P 500 0DTE Covered Call ETF (SDTY) declared a $0.2119 per share weekly dividend, up 3.1% from the prior $0.2056 payout. The increase lifts the annual distribution rate to 26.39%, though the fund’s SEC yield remains negative at -0.41%.
The dividend is payable August 6 to shareholders of record on August 5, with the ex-dividend date also set for August 5. The fund’s strategy focuses on generating income through short-dated options tied to the S&P 500.
No immediate market reaction was reported following the announcement.