From TokenPost · · 50s
YieldMax AMD ETF Distribution Drops
YieldMax AMD ETF cuts weekly payout by 49.3% to $0.3387 per share.
In brief
YieldMax AMD ETF cuts weekly payout by 49.3% to $0.3387 per share. YieldMax AMD Option Income Strategy ETF reduced its weekly distribution to $0.3387 per share, down 49.3% from the previous week's $0.6677. Originally reported by TokenPost.
YieldMax AMD ETF Distribution
YieldMax AMD Option Income Strategy ETF set its weekly distribution at $0.3387 per share on Oct. 21, 49.3% below the prior week’s payout.
Distribution Details
The new amount is lower than the previous week’s $0.6677 distribution. The notice was issued at 6:55 a.m. ET (10:55 UTC). Oct. 22 is both the ex-dividend and record date.
Payout Rate and Strategy
AMDY’s annualized payout rate stood at 40.91% on Oct. 21. It uses call spreads on AMD shares to generate weekly income, limiting gains if AMD rises while exposing it to stock declines.
The headline
YieldMax AMD Option Income Strategy ETF reduced its weekly distribution to $0.3387 per share, down 49.3% from the previous week's $0.6677.
