The GraniteShares YieldBOOST QQQ ETF (NASDAQ: TQQY) has announced a dividend of $0.1579 per share, reflecting a 7.3% increase from its previous dividend of $0.15. This declaration was made on December 24, 2023, and the payment will be issued on December 30, 2023 to investors of record as of December 26, 2023. The ex-dividend date is also set for December 26.
Stock Performance Overview
In trading on Thursday, TQQY shares rose by $0.04, reaching $16.35 per share. The trading volume for the day was recorded at 4,422 shares, which is significantly below the average volume of 17,440 shares. Over the past fifty days, the stock has maintained a simple moving average of $17.28, while the two-hundred-day simple moving average stands at $18.33.
The ETF’s performance over the last year has seen fluctuations, with a twelve-month low of $15.32 and a high of $25.37. These metrics indicate considerable volatility, reflecting broader market conditions and investor sentiment.
Investors and analysts closely monitor the GraniteShares YieldBOOST QQQ ETF for its potential returns and strategic positioning within the market. The increased dividend may signal confidence in the fund’s performance and its ability to generate income for shareholders.
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