JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Plans Monthly Dividend of $0.64

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) announced a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Investors of record on Wednesday, July 1st will be given a dividend of 0.6366 per share on Monday, July 6th. This represents a c) annualized dividend and a yield of 12.7%. The ex-dividend date is Wednesday, July 1st.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 2.1%

Shares of JEPQ traded down $1.26 during midday trading on Wednesday, reaching $60.20. 5,515,240 shares of the stock were exchanged, compared to its average volume of 6,785,825. The company has a market cap of $39.78 billion, a P/E ratio of 32.17 and a beta of 0.81. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $53.51 and a twelve month high of $61.72. The stock’s 50 day simple moving average is $59.91 and its 200 day simple moving average is $58.59.

JPMorgan Nasdaq Equity Premium Income ETF Company Profile

The J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund of US large-cap companies from the Nasdaq-100 Index, assessed and managed using ESG factors and a proprietary data science driven investment approach. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.