Invesco QQQ Income Advantage ETF (QQA) to Distribute Monthly Dividend of $0.48 on July 24th

Invesco QQQ Income Advantage ETF (NASDAQ:QQA) announced a monthly dividend on Monday, July 20th, NASDAQ Dividends reports. Investors of record on Monday, July 20th will be given a dividend of 0.4756 per share on Friday, July 24th. This represents a c) annualized dividend and a dividend yield of 10.2%. The ex-dividend date is Monday, July 20th.

Invesco QQQ Income Advantage ETF Price Performance

Shares of QQA stock opened at $55.84 on Wednesday. The stock has a fifty day moving average price of $56.81 and a 200 day moving average price of $54.13. Invesco QQQ Income Advantage ETF has a one year low of $48.20 and a one year high of $58.53. The stock has a market cap of $780.64 million, a P/E ratio of 31.47 and a beta of 0.92.

About Invesco QQQ Income Advantage ETF

The Invesco QQQ Income Advantage ETF (QQA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, fund-of-funds, that utilizes equity securities and ETFs to mirror the NASDAQ-100 Index. The fund also employs an options-based income strategy with equity-linked notes (ELNs) for upside participation and downside protection QQA was launched on Jul 17, 2024 and is issued by Invesco.