Income investing is so much more than just considering the yield of a dividend-paying company or ETF. There may be instances where you see excessive yields and think that maybe it was a one-off payment or part of a spin-off initiative or a big red flag displaying financial distress.
So, when you see an ETF like the Yieldmax MSTR Option Income Strategy (NYSEARCA: MSTY) with its 136.57% yield, you might think that this has got to be some kind of mistake. But then you check the payout history, compare it to the company’s announcements, and, well, it seems to check out.
