YieldMax Short COIN Option Income Strategy ETF to Issue Dividend of $0.27 (NYSEARCA:FIAT)

YieldMax Short COIN Option Income Strategy ETF (NYSEARCA:FIAT) announced a dividend on Wednesday, January 7th. Stockholders of record on Thursday, January 8th will be given a dividend of 0.27 per share on Friday, January 9th. This represents a dividend yield of 5,425.0%. The ex-dividend date of this dividend is Thursday, January 8th.

YieldMax Short COIN Option Income Strategy ETF Stock Performance

Shares of NYSEARCA FIAT traded up $0.48 during midday trading on Wednesday, hitting $25.88. 54,574 shares of the company’s stock were exchanged, compared to its average volume of 104,791. YieldMax Short COIN Option Income Strategy ETF has a twelve month low of $22.80 and a twelve month high of $97.70. The stock’s 50 day moving average price is $26.47 and its 200-day moving average price is $28.91.

YieldMax Short COIN Option Income Strategy ETF Company Profile

The YieldMax Short COIN Option Income Strategy ETF (FIAT) is an exchange-traded fund that mostly invests in financials equity. The fund aims to provide current income and inverse exposure to Coinbase stock (COIN), with a cap on potential gains. The fund pursues its objective through an actively managed synthetic covered put strategy, using US Treasurys as collateral FIAT was launched on Jul 9, 2024 and is issued by YieldMax.