PYPY declares $0.1510 per share weekly distribution, down 36.55% from last week

Yieldmax PYPL Option Income Strategy ETF (PYPY) has declared a weekly distribution of $0.1510 per share, payable to shareholders of record as of the ex-dividend date of 2026-09-03. This amount is 36.55% lower than the previous distribution of $0.2380 per share paid last week.

The numbers

PYPY's distributions are variable and fluctuate weekly. The recent payment history shows: $0.532 on 2026-07-30, $0.595 on 2026-08-06, $0.529 on 2026-08-13, $0.295 on 2026-08-20, and $0.238 on 2026-08-27. The new distribution of $0.1510 continues this pattern of variability.

At the current price of $27.42, the trailing twelve-month (TTM) yield stands at 63.20%, with TTM dividend per share of $17.3330. The ETF has no long-term dividend growth record, as it has not increased distributions on a consistent basis; the 5-year CAGR is not applicable, and consecutive years of increases is 0.

What it means for income investors

For an investor holding 100 shares, the new distribution would amount to $15.10 for the week, down from $23.80 the prior week. Annualized, this weekly rate implies approximately $785.20 per year on 100 shares, based on the current distribution level. However, given the variable nature, actual income may vary significantly from week to week. Investors should review the full dividend history to understand the distribution pattern.

Reporting based on: DividendSmart market data. Figures verified against market data where available.