SGI Enhanced Nasdaq-100 ETF (NASDAQ:QXQ – Get Free Report) rose 0.2% on Friday after the company announced a dividend. The company traded as high as $31.53 and last traded at $30.83. Approximately 2,723 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 10,246 shares. The stock had previously closed at $30.77.
The newly announced dividend which will be paid on Monday, September 29th. Stockholders of record on Friday, September 26th will be paid a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, September 26th.
SGI Enhanced Nasdaq-100 ETF Trading Up 0.2%
The company has a market cap of $38.54 million and a price-to-earnings ratio of 46.85. The business’s 50 day moving average price is $29.74 and its 200-day moving average price is $27.31.
About SGI Enhanced Nasdaq-100 ETF
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.
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