Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) Plans Dividend Increase – $0.30 Per Share

Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) announced a monthly dividend on Wednesday, September 30th. Investors of record on Thursday, October 1st will be given a dividend of $0.3035 per share on Friday, October 2nd. This represents a $3.64 dividend on an annualized basis and a dividend yield of 19.9%. The ex-dividend date of this dividend is Thursday, October 1st. This is a 1.1% increase from Defiance Nasdaq 100 Income Target ETF’s previous monthly dividend of $0.3001.

Defiance Nasdaq 100 Income Target ETF Stock Performance

QQQT stock opened at $18.30 on Thursday. The company has a market capitalization of $51.79 million, a P/E ratio of 30.50 and a beta of 1.27. Defiance Nasdaq 100 Income Target ETF has a 52-week low of $15.24 and a 52-week high of $19.45. The business has a 50-day simple moving average of $17.90 and a two-hundred day simple moving average of $17.83.

About Defiance Nasdaq 100 Income Target ETF

The Defiance Nasdaq 100 Income Target ETF (QQQT) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that seeks current annual income of 20% by selling daily index call spreads on the Nasdaq 100. QQQT was launched on Jun 20, 2024 and is issued by Defiance.