Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Declares Dividend Increase – $0.32 Per Share

Invesco NASDAQ 100 ETF (NASDAQ:QQQM) declared a dividend on Monday, March 24th, NASDAQ Dividends reports. Stockholders of record on Monday, March 24th will be paid a dividend of 0.3176 per share on Friday, March 28th. The ex-dividend date is Monday, March 24th. This is a 2.4% increase from Invesco NASDAQ 100 ETF’s previous dividend of $0.31.

Invesco NASDAQ 100 ETF Stock Up 2.0 %

NASDAQ QQQM opened at $201.88 on Tuesday. Invesco NASDAQ 100 ETF has a twelve month low of $169.96 and a twelve month high of $222.64. The stock has a market cap of $40.09 billion, a P/E ratio of 30.79 and a beta of 1.18. The company’s 50-day simple moving average is $210.39 and its 200 day simple moving average is $207.74.

About Invesco NASDAQ 100 ETF

The Invesco NASDAQ 100 ETF (QQQM) is an exchange-traded fund that is based on the NASDAQ-100 index. The fund is passively managed to track a modified-market-cap weighted narrow index of 100 NASDAQ-listed stocks, excluding financials. QQQM was launched on Oct 13, 2020 and is managed by Invesco.