YieldMax PYPL Option Income Strategy ETF Declares Dividend of $0.24 (NYSEARCA:PYPY)

YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY) declared a dividend on Wednesday, January 7th. Shareholders of record on Thursday, January 8th will be given a dividend of 0.2429 per share on Friday, January 9th. This represents a yield of 3,081.0%. The ex-dividend date of this dividend is Thursday, January 8th.

YieldMax PYPL Option Income Strategy ETF Stock Down 0.6%

Shares of NYSEARCA PYPY traded down $0.24 during trading on Wednesday, hitting $40.99. The company had a trading volume of 7,661 shares, compared to its average volume of 4,990. The firm has a market capitalization of $35.25 million, a price-to-earnings ratio of 18.19 and a beta of 0.81. The stock has a fifty day simple moving average of $44.26 and a two-hundred day simple moving average of $52.90. YieldMax PYPL Option Income Strategy ETF has a fifty-two week low of $40.34 and a fifty-two week high of $92.18.

About YieldMax PYPL Option Income Strategy ETF

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. PYPY was launched on Sep 25, 2023 and is issued by YieldMax.