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

ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) announced a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Investors 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 Stock Performance

Shares of ProShares Nasdaq-100 High Income ETF stock traded down $1.25 on Wednesday, reaching $49.55. 68,543 shares of the company’s stock were exchanged, compared to its average volume of 66,400. The company has a market capitalization of $407.30 million, a P/E ratio of 34.31 and a beta of 1.20. ProShares Nasdaq-100 High Income ETF has a 52 week low of $40.26 and a 52 week high of $51.66. The firm’s 50-day moving average is $49.10 and its two-hundred day moving average is $45.82.

About ProShares Nasdaq-100 High Income ETF

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.