ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) Plans $0.46 Monthly Dividend

ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) declared a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Shareholders of record on Wednesday, July 1st will be given 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 Trading Down 2.5%

IQQQ traded down $1.25 on Wednesday, hitting $49.55. 68,543 shares of the company’s stock were exchanged, compared to its average volume of 66,400. The stock has a market cap of $407.30 million, a price-to-earnings ratio of 34.31 and a beta of 1.20. ProShares Nasdaq-100 High Income ETF has a fifty-two week low of $40.26 and a fifty-two week high of $51.66. The firm has a 50-day moving average price of $49.10 and a 200-day moving average price of $45.82.

ProShares Nasdaq-100 High Income ETF Company Profile

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.