Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) to Issue Dividend Increase – $0.07 Per Share

Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) announced a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Investors of record on Monday, March 23rd will be paid a dividend of 0.0706 per share on Friday, March 27th. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, March 23rd. This is a 13.6% increase from Invesco PHLX Semiconductor ETF’s previous quarterly dividend of $0.06.

Invesco PHLX Semiconductor ETF Trading Up 1.2%

SOXQ stock traded up $0.74 during trading on Monday, reaching $61.15. 1,071,994 shares of the stock were exchanged, compared to its average volume of 1,088,815. The firm’s 50 day moving average is $62.79 and its 200 day moving average is $56.88. The firm has a market cap of $960.06 million, a P/E ratio of 34.20 and a beta of 1.57. Invesco PHLX Semiconductor ETF has a twelve month low of $26.71 and a twelve month high of $66.89.

Invesco PHLX Semiconductor ETF Company Profile

The Invesco PHLX Semiconductor ETF (SOXQ) is an exchange-traded fund that is based on the PHLX / Semiconductor index, a modified market-cap-weighted index of 30 US-listed semiconductor companies. SOXQ was launched on Jun 11, 2021 and is managed by Invesco.