SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) Declares Dividend Increase – $4.65 Per Share

SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) declared a quarterly dividend on Monday, December 22nd. Investors of record on Tuesday, December 23rd will be paid a dividend of 4.6497 per share on Wednesday, December 24th. This represents a c) dividend on an annualized basis and a yield of 67.1%. The ex-dividend date is Tuesday, December 23rd. This is a 4,127.0% increase from SGI Enhanced Nasdaq-100 ETF’s previous quarterly dividend of $0.11.

SGI Enhanced Nasdaq-100 ETF Stock Down 13.5%

NASDAQ:QXQ traded down $4.34 on Tuesday, hitting $27.71. The stock had a trading volume of 4,796 shares, compared to its average volume of 10,131. The company has a fifty day moving average price of $31.88 and a two-hundred day moving average price of $30.23. The stock has a market cap of $42.12 million, a price-to-earnings ratio of 46.85 and a beta of 1.16. SGI Enhanced Nasdaq-100 ETF has a 1-year low of $20.19 and a 1-year high of $32.99.

About SGI Enhanced Nasdaq-100 ETF

The SGI Enhanced Nasdaq 100 ETF (QXQ) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a portfolio of Nasdaq-listed companies while employing a put-and-call options writing strategy. The fund seeks to generate income from selling short-term options against broad market indices QXQ was launched on Jun 14, 2024 and is issued by Summit Global Investments.