Invesco Nasdaq Biotechnology ETF (NASDAQ:IBBQ) to Issue Dividend Increase – $0.23 Per Share

Invesco Nasdaq Biotechnology ETF (NASDAQ:IBBQ) declared a quarterly dividend on Monday, September 21st. Shareholders of record on Monday, September 21st will be paid a dividend of 0.2304 per share on Friday, September 25th. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Monday, September 21st. This is a 573.2% increase from Invesco Nasdaq Biotechnology ETF’s previous quarterly dividend of $0.03.

Invesco Nasdaq Biotechnology ETF Stock Up 0.5%

NASDAQ IBBQ traded up $0.18 on Monday, hitting $34.87. The company’s stock had a trading volume of 37,962 shares, compared to its average volume of 29,067. The company’s 50-day moving average is $34.18 and its 200 day moving average is $31.33. The firm has a market cap of $81.60 million, a PE ratio of 17.03 and a beta of 0.61. Invesco Nasdaq Biotechnology ETF has a 1-year low of $23.42 and a 1-year high of $36.84.

Invesco Nasdaq Biotechnology ETF Company Profile

The Invesco Nasdaq Biotechnology ETF (IBBQ) is an exchange-traded fund that is based on the NASDAQ / Biotechnology index, a modified market-cap-weighted index of US biotechnology and pharmaceutical companies listed on the NASDAQ. IBBQ was launched on Jun 11, 2021 and is managed by Invesco.