■ Cut · August 28, 2026 · detected in DividendSmart market data
PYPY declares $0.2380 weekly distribution, down 19.3% from prior week
Yieldmax PYPL Option Income Strategy ETF (PYPY) declared a weekly distribution of $0.2380 per share, down 19.3% from the previous week.
PYPY (Yieldmax PYPL Option Income Strategy ETF) has declared a weekly distribution of $0.2380 per share, payable to shareholders of record as of the ex-dividend date of 2026-08-27. This amount is 19.32% lower than the previous week's distribution of $0.2950 per share.
The numbers
PYPY's distributions are variable and fluctuate from week to week. Recent payments include $0.588 on 2026-07-23, $0.532 on 2026-07-30, $0.595 on 2026-08-06, $0.529 on 2026-08-13, and $0.295 on 2026-08-20. The new distribution brings the trailing twelve-month (TTM) dividend per share to $17.1820, implying a TTM yield of 56.85% based on the current price of $30.22. The ETF has no long-term dividend growth record, with zero consecutive years of increases, reflecting its variable payment structure.
What it means for income investors
For an investor holding 100 shares, the new weekly distribution would amount to $23.80, down from $29.50 the prior week. Annualized, this payment would equate to approximately $12.38 per share, though actual income will vary as distributions change. Investors should review the dividend history to understand the volatility of payments.
Reporting based on: DividendSmart market data. Figures verified against market data where available.