The GraniteShares YieldBOOST QQQ ETF (NASDAQ: TQQY) has declared a dividend of $0.16 per share, marking a 7.3% increase from its previous dividend of $0.15. The announcement was made on December 24, 2023, and will benefit investors who are on record as of December 26, 2023. Payments will be issued on December 30, 2023, with the ex-dividend date also set for December 26, 2023.
Trading activity surrounding the ETF has been noteworthy. On Thursday, December 28, 2023, shares of TQQY rose by $0.04, reaching a price of $16.35. The trading volume for that day was 4,422 shares, which is significantly lower than its average volume of 17,440 shares.
Stock Performance Insights
In terms of performance metrics, the GraniteShares YieldBOOST QQQ ETF has demonstrated notable volatility. Over the past year, the stock has experienced a low of $15.32 and a high of $25.37. The fifty-day simple moving average currently sits at $17.28, while the two-hundred-day simple moving average is at $18.33.
Investors may find these figures relevant when evaluating the ETF’s performance and future prospects. With the recent dividend increase, GraniteShares appears committed to providing returns to its investors, which could enhance its attractiveness in the competitive ETF market.
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