Invesco QQQ (NASDAQ:QQQ) Increases Dividend to $0.79 Per Share

Invesco QQQ (NASDAQ:QQQ) declared a quarterly dividend on Monday, December 22nd. Shareholders of record on Monday, December 22nd will be given a dividend of 0.7941 per share by the exchange traded fund on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Monday, December 22nd. This is a 14.4% increase from Invesco QQQ’s previous quarterly dividend of $0.69.

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ traded up $2.33 during midday trading on Monday, reaching $619.38. 43,613,772 shares of the stock were exchanged, compared to its average volume of 49,070,973. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $637.01. The stock has a 50 day moving average price of $614.14 and a 200-day moving average price of $584.06.

Invesco QQQ Company Profile

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.