NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) to Issue Dividend Increase – $0.42 Per Share

NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ:QQQH) announced a monthly dividend on Tuesday, September 22nd. Stockholders of record on Wednesday, September 23rd will be given a dividend of 0.419 per share on Friday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 9.0%. The ex-dividend date is Wednesday, September 23rd. This is a 2.6% increase from NEOS Nasdaq-100 Hedged Equity Income ETF’s previous monthly dividend of $0.41.

NEOS Nasdaq-100 Hedged Equity Income ETF Stock Down 1.0%

NASDAQ:QQQH opened at $55.56 on Wednesday. The company has a market capitalization of $385.04 million, a PE ratio of 30.94 and a beta of 0.68. The stock has a fifty day simple moving average of $54.57 and a 200-day simple moving average of $54.40. NEOS Nasdaq-100 Hedged Equity Income ETF has a 52-week low of $50.08 and a 52-week high of $56.76.

NEOS Nasdaq-100 Hedged Equity Income ETF Company Profile

The NEOS Nasdaq 100 Hedged Equity Income ETF (QQQH) is an exchange-traded fund that mostly invests in large cap equity. NUSI is an actively-managed portfolio of stocks included in the Nasdaq-100 Index combined with an options collar. The fund seeks to generate current income with some downside protection. QQQH was launched on Dec 19, 2019 and is issued by Neos.