SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) Declares Dividend Increase – $0.15 Per Share

SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) declared a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors of record on Thursday, March 27th will be paid a dividend of 0.1546 per share on Friday, March 28th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date is Thursday, March 27th. This is a 186.2% increase from SGI Enhanced Nasdaq-100 ETF’s previous quarterly dividend of $0.05.

SGI Enhanced Nasdaq-100 ETF Stock Down 0.9 %

NASDAQ QXQ traded down $0.22 during trading hours on Thursday, reaching $25.60. 3,833 shares of the company were exchanged, compared to its average volume of 10,743. The stock has a market capitalization of $22.78 million and a P/E ratio of 30.61. SGI Enhanced Nasdaq-100 ETF has a 1 year low of $23.43 and a 1 year high of $29.10. The business’s 50 day simple moving average is $27.06 and its 200-day simple moving average is $26.97.

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.