Invesco QQQ Income Advantage ETF (NASDAQ:QQA) Announces Monthly Dividend of $0.46

Invesco QQQ Income Advantage ETF (NASDAQ:QQA) declared a monthly dividend on Monday, April 20th, NASDAQ Dividends reports. Stockholders of record on Monday, April 20th will be given a dividend of 0.4635 per share on Friday, April 24th. This represents a c) dividend on an annualized basis and a dividend yield of 10.4%. The ex-dividend date is Monday, April 20th.

Invesco QQQ Income Advantage ETF Stock Performance

Shares of NASDAQ QQA traded down $0.54 during mid-day trading on Monday, hitting $53.46. 123,544 shares of the stock traded hands, compared to its average volume of 117,651. The company has a market cap of $629.76 million, a price-to-earnings ratio of 31.47 and a beta of 0.87. The stock has a fifty day moving average price of $51.68 and a 200-day moving average price of $52.69. Invesco QQQ Income Advantage ETF has a 52 week low of $42.00 and a 52 week high of $54.87.

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.