YieldMax Innovation Option Income Strategy ETF (NYSEARCA:OARK) Plans Dividend of $0.07

YieldMax Innovation Option Income Strategy ETF (NYSEARCA:OARK) announced a dividend on Thursday, December 26th. Investors of record on Friday, November 28th will be given a dividend of 0.0733 per share on Monday, December 1st. This represents a yield of 4,982.0%. The ex-dividend date is Friday, November 28th.

YieldMax Innovation Option Income Strategy ETF Price Performance

NYSEARCA:OARK traded up $0.07 during trading hours on Wednesday, hitting $7.65. 100,413 shares of the stock traded hands, compared to its average volume of 163,750. YieldMax Innovation Option Income Strategy ETF has a 1 year low of $6.34 and a 1 year high of $11.35. The stock has a 50 day moving average price of $8.64 and a 200 day moving average price of $8.59.

YieldMax Innovation Option Income Strategy ETF shares are going to reverse split before the market opens on Tuesday, December 2nd. The 1-5 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Monday, December 1st.

YieldMax Innovation Option Income Strategy ETF Company Profile

The YieldMax ARKK Option Income Strategy ETF (OARK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks to provide current income and capped gains on the ARK Innovation ETF (ARKK) through a synthetic covered call strategy, collateralized by cash and US Treasurys.