PYPY declares $0.295 weekly distribution, 44% lower than last week

Yieldmax PYPL Option Income Strategy ETF (PYPY) has declared a weekly distribution of $0.2950 per share, payable to shareholders of record as of the ex-dividend date of 2026-08-20. This amount is 44.23% lower than the previous distribution of $0.5290 per share. As with all distributions from this ETF, the amount is variable and can fluctuate from week to week.

The numbers

The new distribution of $0.2950 per share is part of PYPY's weekly payment schedule. Recent payments have varied significantly: $0.24 on 2026-07-16, $0.588 on 2026-07-23, $0.532 on 2026-07-30, $0.595 on 2026-08-06, and $0.529 on 2026-08-13. The current price of PYPY is $30.63, and the trailing twelve-month (TTM) dividend per share is $16.9440, resulting in a TTM yield of 55.32%. The ETF has no long-term dividend growth record, with no consecutive years of increases and a 5-year CAGR not applicable.

What it means for income investors

Based on the new weekly distribution, an investor holding 100 shares would receive $29.50 for this week's payment. Annualized, this payment alone would equate to $15.34 per share, but actual annual income will vary due to the variable nature of the distributions. Investors should review the payment history to understand the fluctuation pattern.

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