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

Posted by Lauren Steadman on Jan 4th, 2025

YieldMax Magnificent 7 Fund of Option Income ETF (NYSEARCA:YMAG – Get Free Report) 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 Stock Performance

Shares of YMAG stock traded up $0.02 on Friday, hitting $19.20. The stock 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 one year low of $17.15 and a one year high of $21.91. The business has a 50 day moving average price of $19.58 and a 200 day moving average price of $19.56.

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.