NVIT Declares $0.2374 Dividend: YieldMax NVDA Options ETF

YieldMax NVDA Performance & Distribution Target 25 ETF (NVIT) declared a $0.2374 per share weekly dividend. The payment is due June 17, with an ex-dividend date of June 16.

The ETF is part of YieldMax's series of options-based income funds. It writes covered calls on [NVDA](NVDA stock page) common stock, collecting premiums that fund the weekly distributions. Thursday's declaration suggests the fund collected enough premium to sustain the current payout level.

NVDA had an Alpha Score of 66 on AlphaScala at its current price of $209.32, up 2% on the day. The options strategy behind NVIT generates a yield that depends on NVDA's volatility and options market conditions. A higher premium quarter typically leads to larger weekly payouts, while compressed volatility can shrink them.

The ex-dividend date falls mid-week, meaning sellers of NVIT before June 16 will receive the next dividend payment. The fund trades on BATS under ticker NVIT.