Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Plans Dividend Increase – $0.32 Per Share

by · The Cerbat Gem

Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Get Free Report) announced a quarterly dividend on Monday, December 22nd. Investors of record on Monday, December 22nd will be given a dividend of 0.323 per share on Friday, December 26th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Monday, December 22nd. This is a 6.8% increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM traded up $0.83 during mid-day trading on Monday, reaching $254.93. 4,160,583 shares of the company’s stock traded hands, compared to its average volume of 3,540,898. The company has a 50 day moving average price of $252.84 and a 200-day moving average price of $240.44. The firm has a market capitalization of $66.77 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 12-month low of $165.72 and a 12-month high of $262.23.

Invesco NASDAQ 100 ETF Company Profile

(Get Free Report)

The Invesco NASDAQ 100 ETF (QQQM) is an exchange-traded fund that is based on the NASDAQ-100 index. The fund is passively managed to track a modified-market-cap weighted narrow index of 100 NASDAQ-listed stocks, excluding financials. QQQM was launched on Oct 13, 2020 and is managed by Invesco.

Recommended Stories