YMAX declares $0.0590 per share weekly distribution, 3.51% above last week

YieldMax Universe Fund of Option Income ETFs (YMAX) has declared a weekly distribution of $0.0590 per share, payable to shareholders of record as of the ex-dividend date of August 5, 2026. This amount is 3.51% higher than the previous week's distribution of $0.0570 per share. YMAX, which trades at $7.60, continues its weekly payment schedule.

The numbers

YMAX's distributions are variable and fluctuate from week to week. Recent payments include $0.073 on July 1, $0.071 on July 8, $0.073 on July 15, $0.069 on July 22, and $0.057 on July 29. The new $0.0590 distribution represents a slight uptick from the prior week but remains below the higher levels seen earlier in July. Over the trailing twelve months, YMAX has paid $5.3830 per share, translating to a trailing twelve-month yield of 70.83% at the current price. The fund has increased its distributions for one consecutive year, but given the variable nature, this does not indicate a permanent trend. For a detailed breakdown, see the payment history.

What it means for income investors

For an investor holding 100 shares of YMAX, the new weekly distribution of $0.0590 per share would amount to $5.90 per week, or approximately $306.80 on an annualized basis if the payment remained constant (though it does not). This illustrates the potential income stream, but investors should remember that YMAX's distributions are variable and can change weekly. The ex-dividend date for this payment is August 5, 2026, meaning investors must own shares before that date to receive the distribution.

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