ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) Announces Dividend Increase – $0.90 Per Share

ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) declared a dividend on Monday, March 31st, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 1st will be given a dividend of 0.9041 per share on Monday, April 7th. The ex-dividend date is Tuesday, April 1st. This is a 226.3% increase from ProShares Nasdaq-100 High Income ETF’s previous dividend of $0.28.

ProShares Nasdaq-100 High Income ETF Stock Down 1.2 %

Shares of IQQQ stock traded down $0.48 during mid-day trading on Tuesday, hitting $38.37. 38,764 shares of the stock were exchanged, compared to its average volume of 29,947. ProShares Nasdaq-100 High Income ETF has a 52-week low of $37.27 and a 52-week high of $45.21. The firm has a fifty day moving average of $41.89 and a 200 day moving average of $42.34. The company has a market cap of $89.02 million, a PE ratio of 31.75 and a beta of 1.21.

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.