The NEOS Nasdaq-100 Hedged Equity Income ETF (NASDAQ: QQQH) has announced a dividend of $0.41 per share, scheduled for distribution to investors on November 28, 2023. This announcement was made on November 25, 2023, with the record date for eligible shareholders set for November 26, 2023. The ex-dividend date will also be November 26, 2023, meaning that investors must hold shares before this date to qualify for the dividend.
In mid-day trading on the same day as the announcement, shares of the NEOS Nasdaq-100 Hedged Equity Income ETF experienced a slight decline, falling 0.1% to $54.33. During this period, approximately 19,838 shares were exchanged, which is below the average trading volume of 21,790 shares for the ETF.
The NEOS Nasdaq-100 Hedged Equity Income ETF has seen significant price fluctuations over the past year, with a low of $43.02 and a high reaching $55.90. The ETF’s current performance is reflected in its moving averages, with a 50-day moving average at $54.58 and a 200-day moving average at $53.24.
As of now, the market capitalization of the NEOS Nasdaq-100 Hedged Equity Income ETF stands at approximately $349.34 million. The fund has a price-to-earnings (P/E) ratio of 30.94 and a beta of 0.62, indicating lower volatility compared to the broader market.
Investors continue to monitor the NEOS Nasdaq-100 Hedged Equity Income ETF closely, particularly in light of its dividend announcements and market performance. As the financial landscape evolves, the firm’s ability to provide returns through dividends remains a key focus for stakeholders.
