YieldMax PYPL Option Income Strategy ETF Announces Dividend of $0.09 (NYSEARCA:PYPY)

YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY) declared a dividend on Tuesday, October 14th. Shareholders of record on Friday, November 28th will be paid a dividend of 0.0883 per share on Monday, December 1st. This represents a yield of 4,728.0%. The ex-dividend date of this dividend is Friday, November 28th.

YieldMax PYPL Option Income Strategy ETF Stock Performance

Shares of NYSEARCA PYPY traded up $0.08 during trading on Wednesday, reaching $8.85. The stock had a trading volume of 27,229 shares, compared to its average volume of 56,245. YieldMax PYPL Option Income Strategy ETF has a one year low of $8.42 and a one year high of $19.74. The firm’s 50 day moving average price is $10.21 and its two-hundred day moving average price is $11.55. The stock has a market cap of $41.60 million, a PE ratio of 18.19 and a beta of 0.81.

YieldMax PYPL Option Income Strategy ETF Company Profile

The YieldMax PYPL Option Income Strategy ETF (PYPY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Paypal stock (PYPL) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.