Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Announces Dividend Increase – $0.33 Per Share

Invesco NASDAQ 100 ETF (NASDAQ:QQQM) declared a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Investors of record on Monday, March 23rd will be paid a dividend of 0.3277 per share on Friday, March 27th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Monday, March 23rd. This is a 1.4% increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock traded up $2.43 during midday trading on Monday, reaching $242.07. The stock had a trading volume of 4,460,383 shares, compared to its average volume of 5,252,678. The stock’s 50-day simple moving average is $251.35 and its 200 day simple moving average is $251.05. Invesco NASDAQ 100 ETF has a twelve month low of $165.72 and a twelve month high of $262.23. The stock has a market capitalization of $69.44 billion, a PE ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Company Profile

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.