Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) Plans Dividend Increase – $0.30 Per Share

Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) announced a monthly dividend on Monday, August 31st. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.3001 per share on Wednesday, September 2nd. This represents a c) annualized dividend and a dividend yield of 20.5%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a 3.2% increase from Defiance Nasdaq 100 Income Target ETF’s previous monthly dividend of $0.29.

Defiance Nasdaq 100 Income Target ETF Stock Down 3.0%

Shares of QQQT traded down $0.54 during mid-day trading on Tuesday, reaching $17.53. 55,115 shares of the company’s stock were exchanged, compared to its average volume of 35,468. The company has a 50-day simple moving average of $18.05 and a two-hundred day simple moving average of $17.65. Defiance Nasdaq 100 Income Target ETF has a 52-week low of $15.24 and a 52-week high of $19.45. The company has a market cap of $45.93 million, a price-to-earnings ratio of 30.50 and a beta of 1.26.

About Defiance Nasdaq 100 Income Target ETF

The Defiance Nasdaq 100 Income Target ETF (QQQT) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that seeks current annual income of 20% by selling daily index call spreads on the Nasdaq 100. QQQT was launched on Jun 20, 2024 and is issued by Defiance.