NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) Increases Dividend to $0.41 Per Share

NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) declared a monthly dividend on Tuesday, May 20th, NASDAQ Dividends reports. Shareholders of record on Wednesday, May 21st will be paid a dividend of 0.4112 per share on Friday, May 23rd. This represents a $4.93 dividend on an annualized basis and a dividend yield of 9.73%. The ex-dividend date of this dividend is Wednesday, May 21st. This is a 19.4% increase from NEOS Nasdaq-100 Hedged Equity Income ETF’s previous monthly dividend of $0.34.

NEOS Nasdaq-100 Hedged Equity Income ETF Price Performance

Shares of NASDAQ QQQH opened at $50.72 on Thursday. The firm’s 50-day simple moving average is $48.94. The stock has a market cap of $303.81 million and a PE ratio of 30.30. NEOS Nasdaq-100 Hedged Equity Income ETF has a 12-month low of $43.02 and a 12-month high of $53.80.

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.