SQY declares $0.2440 per share weekly distribution, 19.18% below last week

YieldMax XYZ Option Income Strategy ETF (SQY) has declared a weekly distribution of $0.2440 per share, payable to shareholders of record as of the ex-dividend date July 30, 2026. This amount represents a 19.18% decrease from the previous week's distribution of $0.3019.

The numbers

SQY pays variable weekly distributions that fluctuate from payment to payment. The new distribution of $0.2440 is lower than the prior week's $0.3019 and follows a pattern of recent payments: $0.2534 (June 25), $0.2482 (July 2), $0.3659 (July 9), $0.3332 (July 16), and $0.3019 (July 23). At the current price of $10.49, the trailing twelve-month yield stands at 223.75%, with TTM dividend per share of $23.4717. SQY has no 5-year dividend CAGR and no consecutive years of dividend increases, as its distributions are variable and not designed for growth.

What it means for income investors

Based on the new weekly rate of $0.2440, an investor holding 100 shares would receive $24.40 per week, or approximately $1,268.80 annualized from this distribution level. However, given the variable nature of SQY's payments, actual annual income may differ. For a complete view of past distributions, see the full payment history.

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