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

Invesco QQQ Income Advantage ETF (NASDAQ:QQA) declared a monthly dividend on Monday, July 20th, NASDAQ Dividends reports. Shareholders of record on Monday, July 20th will be paid 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 Price Performance

Shares of Invesco QQQ Income Advantage ETF stock traded down $0.45 during trading hours on Monday, hitting $54.96. 157,169 shares of the company’s stock traded hands, compared to its average volume of 119,270. Invesco QQQ Income Advantage ETF has a 12-month low of $48.20 and a 12-month high of $58.53. The stock has a market capitalization of $768.34 million, a price-to-earnings ratio of 31.47 and a beta of 0.92. The company has a fifty day simple moving average of $56.86 and a 200-day simple moving average of $54.10.

Invesco QQQ Income Advantage ETF Company Profile

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.