QQQY declares $0.133 per share weekly distribution, 6.4% above last week

Defiance Nasdaq 100 Target 30 Weekly Distribution ETF (QQQY) has declared a weekly distribution of $0.1330 per share, payable to shareholders of record as of the ex-dividend date of August 6, 2026. This amount is 6.4% higher than the previous week's distribution of $0.1250 per share. The ETF, which trades at $22.70, continues its pattern of variable weekly payouts.

The numbers

This new distribution brings QQQY's trailing twelve-month (TTM) dividend per share to $7.9580, implying a TTM yield of 35.06% at the current price. The ETF's recent weekly payments have fluctuated: $0.139 on July 2, $0.133 on July 9, $0.134 on July 16, $0.132 on July 23, $0.125 on July 30, and now $0.133 on August 6. QQQY has no consecutive years of dividend increases (0) and its 5-year dividend CAGR is not applicable, reflecting its relatively short history and variable distribution policy.

What it means for income investors

For an investor holding 100 shares of QQQY, the new weekly distribution of $0.133 per share translates to $13.30 per week, or an annualized rate of approximately $691.60 based on the current payment level. However, because QQQY pays variable weekly distributions, this annualized figure is not guaranteed and will fluctuate with future declarations. Investors should review the ETF's payment history to understand the variability. For more detailed calculations, visit the QQQY dividend calculator.

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