YMAG declares $0.0960 weekly distribution, 6.67% above last week

YMAG (YieldMax Magnificent 7 Fund of Option Income ETFs) has declared a weekly distribution of $0.0960 per share, up 6.67% from the prior week's $0.0900. The ex-dividend date for this payment is August 5, 2026.

The numbers

This distribution is part of YMAG's variable weekly payout schedule. Recent payments have fluctuated: $0.073 on July 1, $0.076 on July 8, $0.077 on July 15, $0.092 on July 22, $0.090 on July 29, and now $0.096 on August 5. At the current price of $11.45, the trailing twelve-month yield is 51.90%, with TTM dividends per share of $5.9420. YMAG has a record of 1 consecutive year of increases, though its 5-year dividend CAGR is not applicable due to its short history.

What it means for income investors

For every 100 shares held, the new distribution translates to $9.60 per week, or an annualized rate of $499.20 based on the current weekly amount. However, investors should note that YMAG pays variable weekly distributions that can change from week to week, so this amount is not guaranteed. For a detailed breakdown of past payouts, see the dividend history.

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