YMAG declares $0.085 weekly distribution, 2.41% above last week

YMAG (YieldMax Magnificent 7 Fund of Option Income ETFs) has declared a weekly distribution of $0.0850 per share, payable to shareholders of record as of the ex-dividend date of September 2, 2026. This amount is 2.41% higher than the previous week's distribution of $0.0830.

The numbers

YMAG pays variable weekly distributions that fluctuate from week to week. Recent payments have ranged from $0.083 to $0.112 per share, including $0.09 on July 29, $0.096 on August 5, $0.112 on August 12, $0.106 on August 19, and $0.083 on August 26. The current price is $11.17, and the trailing twelve-month (TTM) yield stands at 52.09%, with TTM dividend per share of $5.8190. The fund has increased its distributions for one consecutive year, though its five-year dividend CAGR is not applicable due to its relatively short history. For a detailed look at past payouts, see the dividend history.

What it means for income investors

Based on the current price, the new weekly distribution annualizes to approximately $4.42 per share, implying an annualized yield of about 39.6% for the next quarter if sustained. For an investor holding 100 shares, this week's distribution amounts to $8.50. As always, YMAG's distributions are variable and not guaranteed, so income should be planned accordingly.

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