NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) Raises Dividend to $0.42 Per Share

NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) announced a monthly dividend on Tuesday, September 22nd. Investors of record on Wednesday, September 23rd will be paid a dividend of 0.419 per share on Friday, September 25th. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date of this dividend is Wednesday, September 23rd. This is a 2.6% increase from NEOS Nasdaq-100 Hedged Equity Income ETF’s previous monthly dividend of $0.41.

NEOS Nasdaq-100 Hedged Equity Income ETF Stock Performance

NASDAQ:QQQH opened at $55.56 on Wednesday. The company has a market capitalization of $385.04 million, a P/E ratio of 30.94 and a beta of 0.68. The stock’s 50 day moving average price is $54.57 and its 200 day moving average price is $54.40. NEOS Nasdaq-100 Hedged Equity Income ETF has a 52 week low of $50.08 and a 52 week high of $56.76.

About NEOS Nasdaq-100 Hedged Equity Income ETF

The NEOS Nasdaq 100 Hedged Equity Income ETF (QQQH) is an exchange-traded fund that mostly invests in large cap equity. NUSI is an actively-managed portfolio of stocks included in the Nasdaq-100 Index combined with an options collar. The fund seeks to generate current income with some downside protection. QQQH was launched on Dec 19, 2019 and is issued by Neos.