JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Increases Dividend to $0.58 Per Share

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) announced a monthly dividend on Tuesday, December 30th. Stockholders of record on Wednesday, December 31st will be paid a dividend of 0.5761 per share on Monday, January 5th. This represents a c) dividend on an annualized basis and a dividend yield of 11.9%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a 4.1% increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.55.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.3%

JEPQ traded down $0.78 during trading on Wednesday, hitting $58.32. The company’s stock had a trading volume of 2,112,785 shares, compared to its average volume of 5,972,931. The business’s fifty day simple moving average is $58.35 and its 200 day simple moving average is $56.54. The firm has a market capitalization of $31.49 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.31 and a twelve month high of $59.42.

About JPMorgan Nasdaq Equity Premium Income ETF

The J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund of US large-cap companies from the Nasdaq-100 Index, assessed and managed using ESG factors and a proprietary data science driven investment approach. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.