Invesco QQQ Income Advantage ETF (NASDAQ:QQA) Raises Dividend to $0.44 Per Share

Invesco QQQ Income Advantage ETF (NASDAQ:QQA) declared a dividend on Monday, February 24th, NASDAQ Dividends reports. Shareholders of record on Monday, February 24th will be given a dividend of 0.44 per share on Friday, February 28th. The ex-dividend date is Monday, February 24th. This is an increase from Invesco QQQ Income Advantage ETF’s previous dividend of $0.44.

Invesco QQQ Income Advantage ETF Stock Down 1.7 %

Invesco QQQ Income Advantage ETF stock traded down $0.88 during midday trading on Monday, hitting $50.38. 13,453 shares of the stock were exchanged, compared to its average volume of 24,636. The stock has a market capitalization of $162.73 million and a PE ratio of 34.42. The company has a fifty day simple moving average of $50.92 and a two-hundred day simple moving average of $49.68. Invesco QQQ Income Advantage ETF has a 52 week low of $44.80 and a 52 week high of $52.58.

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.