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YieldMax™ AMZN Option Income Strategy ETF declares $0.0721 dividend

YieldMax’s AMZN Option Income Strategy ETF (AMZY) announced a weekly dividend of $0.0721 per share, up 12.7% from the prior $0.0640 payout. The fund’s annual distribution rate is shown at 34.49%, with an SEC yield of 3.32% and a high 92.24% return of capital component. The distribution is payable July 17 to shareholders. The news is modestly supportive for income-focused investors, reinforcing AMZY’s role as a high-yield, options-based ETF tied to Amazon exposure rather than signaling a change in Amazon’s underlying business prospects.

Category

Amazon

Sentiment

Neutral

Event

Institutional flow

Reading time

1 min