YieldMax Magnificent 7 Fund of Option Income ETF (NYSEARCA:YMAG) to Issue Dividend of $0.31

YieldMax Magnificent 7 Fund of Option Income ETF (NYSEARCA:YMAG) announced a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Friday, January 3rd will be paid a dividend of 0.3102 per share on Monday, January 6th. The ex-dividend date of this dividend is Friday, January 3rd. This is an increase from YieldMax Magnificent 7 Fund of Option Income ETF’s previous dividend of $0.23.

YieldMax Magnificent 7 Fund of Option Income ETF Price Performance

Shares of NYSEARCA:YMAG traded up $0.02 during midday trading on Friday, reaching $19.20. The company had a trading volume of 934,141 shares, compared to its average volume of 1,342,720. YieldMax Magnificent 7 Fund of Option Income ETF has a 1-year low of $17.15 and a 1-year high of $21.91. The business’s 50 day moving average price is $19.59 and its 200 day moving average price is $19.55.

About YieldMax Magnificent 7 Fund of Option Income ETF

The YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is a fund-of-funds that invests in seven mega-cap ETFs considered to be driving the market through technology. The underlying ETFs seek to provide current income and capped gains of these stocks through a synthetic covered call strategy.