SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) to Issue Quarterly Dividend of $0.15

SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ) declared a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be given a dividend of 0.1546 per share on Friday, March 28th. This represents a $0.62 annualized dividend and a dividend yield of 2.42%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 186.2% increase from SGI Enhanced Nasdaq-100 ETF’s previous quarterly dividend of $0.05.

SGI Enhanced Nasdaq-100 ETF Stock Performance

Shares of NASDAQ:QXQ traded down $0.22 during midday trading on Thursday, hitting $25.60. 3,833 shares of the company’s stock traded hands, compared to its average volume of 10,743. SGI Enhanced Nasdaq-100 ETF has a twelve month low of $23.43 and a twelve month high of $29.10. The firm’s fifty day moving average price is $27.06 and its two-hundred day moving average price is $26.97. The company has a market cap of $22.78 million and a PE ratio of 30.61.

SGI Enhanced Nasdaq-100 ETF Company Profile

The SGI Enhanced Nasdaq 100 ETF (QXQ) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a portfolio of Nasdaq-listed companies while employing a put-and-call options writing strategy. The fund seeks to generate income from selling short-term options against broad market indices QXQ was launched on Jun 14, 2024 and is issued by Summit Global Investments.