Invesco QQQ Income Advantage ETF Announces Monthly Dividend of $0.48 (NASDAQ:QQA)

Invesco QQQ Income Advantage ETF (NASDAQ:QQA) declared 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) dividend on an annualized basis and a yield of 10.4%. The ex-dividend date is Monday, July 20th.

Invesco QQQ Income Advantage ETF Trading Down 0.8%

QQA stock traded down $0.45 during trading on Monday, reaching $54.96. 157,169 shares of the stock were exchanged, compared to its average volume of 119,270. The firm’s 50 day moving average is $56.86 and its 200 day moving average is $54.10. The firm has a market cap of $768.34 million, a P/E ratio of 31.47 and a beta of 0.92. Invesco QQQ Income Advantage ETF has a twelve month low of $48.20 and a twelve month high of $58.53.

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.