ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) to Issue $0.35 Monthly Dividend

ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) declared a monthly dividend on Wednesday, July 31st, NASDAQ reports. Investors of record on Thursday, August 1st will be paid a dividend of 0.3462 per share on Thursday, August 8th. This represents a $4.15 annualized dividend and a yield of 10.36%. The ex-dividend date of this dividend is Thursday, August 1st.

ProShares Nasdaq-100 High Income ETF Stock Performance

IQQQ traded down $0.85 during trading hours on Thursday, hitting $40.09. 23,638 shares of the company’s stock were exchanged, compared to its average volume of 9,320. ProShares Nasdaq-100 High Income ETF has a 1-year low of $37.92 and a 1-year high of $44.42. The firm has a 50-day moving average price of $42.25. The company has a market capitalization of $42.50 million, a PE ratio of 30.87 and a beta of 1.21.

ProShares Nasdaq-100 High Income ETF Company Profile

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.