What is the dividend yield for Nasdaq QQQ? (2024)

What is the dividend yield for Nasdaq QQQ?

QQQ Dividend Information

Historical dividend payout and yield for Invesco QQQ (QQQ) since 2005. The current TTM dividend payout for Invesco QQQ (QQQ) as of April 03, 2024 is $2.42. The current dividend yield for Invesco QQQ as of April 03, 2024 is 0.55%.

Nasdaq, Inc.'s ( NDAQ ) dividend yield is 1.43%, which means that for every $100 invested in the company's stock, investors would receive $1.43 in dividends per year. Nasdaq, Inc.'s payout ratio is 41.64% which means that 41.64% of the company's earnings are paid out as dividends.

QQQY Dividend Information

QQQY has a dividend yield of 38.50% and paid $6.09 per share in the past year. The dividend is paid every month and the last ex-dividend date was Apr 1, 2024.

QQQ Dividend Yield: 0.59% for March 27, 2024.

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Invesco QQQ Market Price: YTD: 54.85%; 1YR: 54.85%; 3YR: 9.98%; 5YR: 22.40%; 10YR: 17.66%; Since Inception: 9.44%.

A range of 0% to 35% is considered a good payout. A payout in that range is usually observed when a company just initiates a dividend. Typical characteristics of companies in this range are “value” stocks.

Dividend yield is a percentage figure calculated by dividing the total annual dividend payments, per share, by the current share price of the stock. From 2% to 6% is considered a good dividend yield, but a number of factors can influence whether a higher or lower payout suggests a stock is a good investment.

About half of the NASDAQ index does not pay a dividend. The companies that do offer shareholders a dividend tend to offer low yielding dividends. In comparison, the S&P 500 has over 400 companies that pay dividends and all 30 components of the Dow pay a dividend. Here is an overview of the NASDAQ dividend yield.

How to calculate dividend yield?

The dividend yield is calculated by dividing the annual dividend per share (DPS) by the current market share price and expressed as a percentage.

Dividends, a distribution of a portion of a company's earnings, are generally paid in cash every quarter to shareholders. The dividend yield is the annual dividend per share divided by the share price, expressed as a percentage; it will fluctuate with the price of the stock.

Dividend Yield calculator is an online tool that helps you calculate the Dividend Yield of a stock. It takes into consideration below inputs in order to calculate the Dividend Yield. Annual Dividend: The dividend that is paid out to the shareholders per year.

Invesco QQQ stock price stood at $442.10

According to the latest long-term forecast, Invesco QQQ price will hit $500 by the end of 2024 and then $600 by the middle of 2026. Invesco QQQ will rise to $700 within the year of 2027, $800 in 2028, $900 in 2030, $1000 in 2033 and $1100 in 2035.

SPY - Dividend Comparison. QQQ's dividend yield for the trailing twelve months is around 0.59%, less than SPY's 1.29% yield.

QQQ is considered an aggressive growth investment, with higher short-term volatility than the S&P 500, which invests in companies in a more evenly distributed range of industries.

In fact, an ETF called the Global X NASDAQ 100 Covered Call ETF (NASDAQ:QYLD), launched in 2013, currently boasts an eye-catching yield of 12%. While the ETF holds appeal for income investors, there are also several things that investors should be aware of before jumping in right after seeing that eye-popping yield.

Altria Group (MO)

Altria is best known as a holding company that operates in the tobacco industry and is the maker of brands like Marlboro and Philip Morris. The company offers the highest dividend yield in the Dividend Kings list, with an annual dividend rate of $3.92 or a 9.5%.

What is the target price for QQQ in 2030?

In 2030, the professionals' prediction is that QQQ's Fair Value will decrease by 18.77%, reaching $275.16.

VGT and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index.

If a company issues a 5% stock dividend, it would increase the number of shares by 5%, or one share for every 20 shares owned. If a company has one million shares outstanding, this would translate into an additional 50,000 shares. A shareholder with 100 shares in the company would receive five additional shares.

The average dividend yield on S&P 500 index companies that pay a dividend historically fluctuates somewhere between 2% and 5%, depending on market conditions. 7 In general, it pays to do your homework on stocks yielding more than 8% to find out what is truly going on with the company.

Yields from 2% to 6% are generally considered to be a good dividend yield, but there are plenty of factors to consider when deciding if a stock's yield makes it a good investment.