RNTY cuts monthly dividend 2.79% to $0.488 per share

YieldMax Target 12 Real Estate Option Income ETF (RNTY) has announced a reduction in its monthly dividend. The new payment of $0.4880 per share represents a 2.79% decrease from the previous $0.5020, with the ex-dividend date set for September 2, 2026.

The numbers

This cut follows a series of recent monthly payments that have fluctuated slightly: April 8, 2026: $0.494; May 6, 2026: $0.507; June 3, 2026: $0.499; July 8, 2026: $0.503; August 5, 2026: $0.502; and now September 2, 2026: $0.488. The ETF's trailing twelve-month (TTM) dividend per share stands at $6.0000, translating to a TTM yield of 12.54% based on the current price of $47.86. RNTY has no long-term dividend growth record; its 5-year CAGR is not applicable, and it has zero consecutive years of increases, reflecting its variable monthly distribution policy.

What it means for income investors

For an investor holding 100 shares, the new monthly rate implies an annualized income of $585.60 (100 shares × $0.488 × 12 months), down from $602.40 at the previous rate. This adjustment aligns with the fund's strategy of distributing option income, which can vary monthly. Investors should review the fund's full dividend history to understand the variability of payments.

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