Invesco QQQ Income Advantage ETF (NASDAQ:QQA) Announces Dividend Increase – $0.50 Per Share

Invesco QQQ Income Advantage ETF (NASDAQ:QQA) announced a dividend on Friday, June 19th, NASDAQ Dividends reports. Shareholders of record on Monday, June 22nd will be given a dividend of 0.5003 per share on Friday, June 26th. The ex-dividend date of this dividend is Monday, June 22nd. This is a 15.3% increase from Invesco QQQ Income Advantage ETF’s previous dividend of $0.43.

Invesco QQQ Income Advantage ETF Stock Performance

Shares of QQA stock remained flat at $58.29 during trading on Friday. The stock had a trading volume of 118,746 shares, compared to its average volume of 118,295. The company has a market cap of $715.80 million, a P/E ratio of 31.47 and a beta of 0.93. The business’s 50 day moving average is $55.70 and its two-hundred day moving average is $53.62. Invesco QQQ Income Advantage ETF has a 52 week low of $48.20 and a 52 week high of $58.53.

Invesco QQQ Income Advantage ETF Company Profile

The Invesco QQQ Income Advantage ETF (QQA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, fund-of-funds, that utilizes equity securities and ETFs to mirror the NASDAQ-100 Index. The fund also employs an options-based income strategy with equity-linked notes (ELNs) for upside participation and downside protection QQA was launched on Jul 17, 2024 and is issued by Invesco.