Invesco QQQ (NASDAQ:QQQ) Declares Quarterly Dividend of $0.81

Invesco QQQ (NASDAQ:QQQ) declared a quarterly dividend on Thursday, June 18th. Investors of record on Monday, June 22nd will be given a dividend of 0.8135 per share by the exchange traded fund on Friday, July 10th. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Monday, June 22nd. This is a 11.0% increase from Invesco QQQ’s previous quarterly dividend of $0.73.

Invesco QQQ Trading Up 2.5%

Shares of QQQ stock opened at $740.62 on Friday. The business’s 50 day simple moving average is $692.71 and its 200 day simple moving average is $638.77. Invesco QQQ has a one year low of $523.65 and a one year high of $748.65.

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.