YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) Increases Dividend to $0.45 Per Share

YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) announced a monthly dividend on Wednesday, March 12th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 13th will be paid a dividend of 0.4483 per share on Friday, March 14th. This represents a $5.38 dividend on an annualized basis and a dividend yield of 30.39%. The ex-dividend date is Thursday, March 13th. This is a 79.5% increase from YieldMax Short N100 Option Income Strategy ETF’s previous monthly dividend of $0.25.

YieldMax Short N100 Option Income Strategy ETF Trading Down 1.7 %

NASDAQ:YQQQ traded down $0.31 during midday trading on Thursday, reaching $17.70. 42,172 shares of the company traded hands, compared to its average volume of 25,746. The company has a fifty day moving average price of $16.91 and a 200 day moving average price of $17.87. YieldMax Short N100 Option Income Strategy ETF has a twelve month low of $16.16 and a twelve month high of $20.55.

About YieldMax Short N100 Option Income Strategy ETF

The YieldMax Short N100 Option Income Strategy ETF (YQQQ) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide current income and inverse exposure to the NASDAQ 100 Index, with a cap on potential gains. The fund pursues its objective through an actively managed synthetic covered put strategy, using US Treasurys as collateral YQQQ was launched on Aug 14, 2024 and is issued by YieldMax.