SDTY Dividend Declared: YieldMax S&P 500 0DTE Covered Call ETF Payout

YieldMax S&P 500 0DTE Covered Call ETF (SDTY) declared a $0.2032 dividend. Ex-dividend and record date Dec 3; payment Dec 4. What investors should know.

YieldMax S&P 500 0DTE Covered Call Strategy ETF (NASDAQ: SDTY) has declared a dividend, offering income-focused investors another payout to consider. According to NASDAQ Dividends, the ETF announced a payment of $0.2032 per share. Investors of record on Wednesday, December 3 will receive the dividend on Thursday, December 4, and the ex-dividend date is also December 3.

This announcement is notable for investors tracking covered call ETFs and 0DTE strategies. SDTY uses a zero-days-to-expiration (0DTE) covered call approach on the S&P 500 to generate premium income. That strategy can boost short-term cash flow, but it also brings strategy-specific risks like option execution and market volatility. Knowing the ex-dividend and record dates helps shareholders capture the distribution and plan trading or tax moves.

What the dates mean: the ex-dividend date is the first day a new buyer of the ETF is not entitled to the upcoming dividend. To qualify for the $0.2032 payout, you must own SDTY before the market opens on the ex-dividend date (effectively be an investor of record on December 3). The payment date of December 4 is when eligible accounts should see the dividend credited.

For income-oriented investors, SDTY's dividend announcement highlights how covered call ETFs can supplement portfolio yield. However, review the fund's prospectus, expense ratio, and historical distributions before making decisions. Covered call and 0DTE strategies can dampen upside participation in strongly rising markets and may increase turnover and trading costs.

Practical steps for investors: confirm your holdings in the brokerage account ahead of December 3 if you want the distribution, check your broker's trade settlement policies, and consider tax implications for short-term distributions. Also monitor NAV and market price action around the ex-dividend date, since ETF prices typically adjust to reflect the distribution.

In summary, YieldMax S&P 500 0DTE Covered Call Strategy ETF (SDTY) declared a $0.2032 dividend with key dates on December 3 and 4. This payout underscores the income potential of covered call ETFs but also reinforces the need to understand strategy mechanics, risks, and tax effects before investing.

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