YMAG declares $0.1060 weekly distribution, 5.4% below last week

YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) has declared a weekly distribution of $0.1060 per share, payable to shareholders of record as of the ex-dividend date of August 19, 2026. This amount is 5.36% lower than the previous week's distribution of $0.1120.

The numbers

YMAG's distributions are variable and fluctuate from week to week. Recent payments include $0.077 on July 15, $0.092 on July 22, $0.09 on July 29, $0.096 on August 5, and $0.112 on August 12. The new distribution of $0.1060 brings the trailing twelve-month (TTM) dividend per share to $5.9180, implying a TTM yield of 52.98% based on the current price of $11.17. The fund has a record of one consecutive year of dividend increases, but given the variable nature, this is not a traditional increase streak. For more details, see the dividend history.

What it means for income investors

For an investor holding 100 shares of YMAG, the new weekly distribution would amount to $10.60, which annualizes to approximately $551.20 based on the current rate. However, because distributions are variable, this annualized figure is not guaranteed. Investors should consider the fund's high yield and weekly payment schedule when evaluating their income strategy.

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