The Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF (NASDAQ:QQQY) has announced an increase in its dividend to $0.13 per share, marking a 0.4% rise from the previous dividend of $0.1288. This announcement was made on February 25, 2024, and the dividend will be paid to shareholders of record on February 26, 2024, with payment scheduled for February 27, 2024. The ex-dividend date is also set for February 26, 2024.
Trading activity for QQQY showed a decline on Thursday, with shares down by $0.38 to reach $22.15 during mid-day trading. A total of 94,666 shares exchanged hands, which is below the average volume of 171,894 shares.
Performance Overview
The ETF’s recent trading performance reflects a wider trend in the market, with its 50-day moving average price standing at $23.24 and the 200-day moving average price at $24.38. Over the past year, the ETF has experienced fluctuations, with a low of $21.87 and a high of $29.33.
Investors and analysts are closely monitoring the Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF as it continues to navigate market conditions. The announced dividend increase is a positive indicator for shareholders, signaling the fund’s commitment to providing returns amidst varying market climates.
Overall, the increase in dividend payments is expected to enhance investor confidence in the ETF, as it remains a compelling option for those seeking exposure to the Nasdaq 100 index.
