Amplify Ethereum Max Income Covered Call ETF declares $0.4213 dividend

Amplify Ethereum Max Income Covered Call ETF (EHY) declared a monthly dividend of $0.4213 per share, payable May 29 to shareholders of record on May 28 (ex-dividend May 28). The ETF, which aims to generate income from Ethereum exposure via covered-call overlays, shows a dividend rate of $3.54 and an indicated yield of 35.27%, with an expense ratio of 0.75% and fund AUM of $4.30M. EHY traded around $9.18 on the report, down about 4.4%, indicating some near-term price weakness despite the high yield. The distribution may attract income-seeking investors but the sizable yield and recent price dip highlight elevated income expectations and potential risk/volatility in this niche crypto-focused covered-call ETF.