YieldMax Magnificent 7 Fund of Option Income ETF (NYSEARCA:YMAG) Increases Dividend to $0.28 Per Share

by · The Cerbat Gem

YieldMax Magnificent 7 Fund of Option Income ETF (NYSEARCA:YMAG – Get Free Report) declared a dividend on Wednesday, October 9th, NASDAQ reports. Stockholders of record on Thursday, October 10th will be paid a dividend of 0.2823 per share on Friday, October 11th. The ex-dividend date of this dividend is Thursday, October 10th. This is an increase from YieldMax Magnificent 7 Fund of Option Income ETF’s previous dividend of $0.16.

YieldMax Magnificent 7 Fund of Option Income ETF Stock Performance

YieldMax Magnificent 7 Fund of Option Income ETF stock traded down $0.28 during trading on Thursday, reaching $18.93. 451,560 shares of the company were exchanged, compared to its average volume of 190,187. The stock’s 50 day simple moving average is $19.02 and its two-hundred day simple moving average is $19.88. YieldMax Magnificent 7 Fund of Option Income ETF has a 52-week low of $17.15 and a 52-week high of $21.91.

About YieldMax Magnificent 7 Fund of Option Income ETF

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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.

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