YieldMax’s Short N100 Option Income Strategy ETF (YQQQ) will pay $0.0577 per share Friday, Nov. 6, after its weekly distribution rose 35.13% from the prior $0.0427.
YieldMax announced the amount Nov. 4. Nov. 5 is both the ex-dividend date and the record date for determining which shareholders qualify. The increase adds $0.0150 per share to the previous payment, announced Oct. 28.
YQQQ’s listed distribution rate stood at 30.59% when trading ended Nov. 3. Its 30-day SEC yield was 3.07% for the 30 days through Oct. 31. The distribution rate extrapolates the latest declared payment over a year relative to net asset value (NAV); it does not describe total return.
The fund’s strategy uses put spreads linked to the Invesco QQQ ETF (QQQ), aiming for weekly income while taking an inverse position against the ETF’s share-price movements. EconoTimes also covered a Nov. 6 payment for the GME Option Income Strategy ETF.
Weekly distributions can change, and future payments are not guaranteed. The next payment is scheduled for Friday, Nov. 6.
