ProShares Nasdaq-100 High Income ETF (IQQQ) to Issue Monthly Dividend of $0.46 on July 8th

ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) announced a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Investors of record on Wednesday, July 1st will be paid a dividend of 0.4592 per share on Wednesday, July 8th. This represents a c) annualized dividend and a yield of 11.1%. The ex-dividend date of this dividend is Wednesday, July 1st.

ProShares Nasdaq-100 High Income ETF Stock Performance

Shares of ProShares Nasdaq-100 High Income ETF stock opened at $49.55 on Thursday. ProShares Nasdaq-100 High Income ETF has a 52-week low of $40.26 and a 52-week high of $51.66. The stock’s 50-day simple moving average is $49.18 and its 200 day simple moving average is $45.85. The stock has a market capitalization of $407.30 million, a P/E ratio of 34.31 and a beta of 1.20.

About ProShares Nasdaq-100 High Income ETF

The ProShares Nasdaq-100 High Income ETF (IQQQ) is an exchange-traded fund that is based on the Nasdaq-100 Daily Covered Call index. The fund tracks an index pursuing a daily covered call writing strategy on Nasdaq-100 stocks. The fund seeks to generate a high level of income combined with the performance returns of the Nasdaq-100 Index over the long term.