How much of a dividend does QQQ pay?
When is QQQ dividend payment date? QQQ's next quarterly payment date is on Apr 30, 2024, when QQQ shareholders who owned QQQ shares before Mar 18, 2024 received a dividend payment of $0.57 per share. Add QQQ to your watchlist to be reminded of QQQ's next dividend payment.
Dividend history for stock QQQ (Invesco QQQ Trust, Series 1) including dividend growth rate predictions based on history. Info: Assuming annual dividend growth rate of 9.89%, dividends double every 7.3 years.
Calculate your return
Invesco QQQ Market Price: YTD: 8.56%; 1YR: 39.27%; 3YR: 12.34%; 5YR: 20.62%; 10YR: 18.58%; Since Inception: 9.70%. NASDAQ-100 Index: YTD: 8.72%; 1YR: 39.62%; 3YR: 12.62%; 5YR: 20.87%; 10YR: 18.82%; Since Inception: 9.92%. Source: Bloomberg L.P. is as of March 31, 2024.
Dividend yield: NDAQ 's latest value of 1.46% is the percentage of the current stock price that is paid out as dividends to shareholders. The relative to the sector, country, and world values (0.17, 0.28, and 0.37 respectively) indicate Nasdaq, Inc.'s dividend yield compared to others in its sector, country, and world.
Since its inception, QQQY has offered total returns of 11.37%, while the Nasdaq 100 index is up 19.65% during the same period. QQQY should perform best in a range-bound market with elevated volatility levels, making it a buy for investors seeking income.
QQQY 12 Months Forecast
Based on 43 Wall Street analysts offering 12 month price targets to TSE:QQQY holdings in the last 3 months. The average price target is C$29.41 with a high forecast of C$35.77 and a low forecast of C$23.34. The average price target represents a 19.63% change from the last price of C$24.58.
QQQ Dividend Information
QQQ has a dividend yield of 0.61% and paid $2.64 per share in the past year. The dividend is paid every three months and the last ex-dividend date was Mar 18, 2024.
| Ticker | Name | Annual dividend yield |
|---|---|---|
| RDIV | Invesco S&P Ultra Dividend Revenue ETF | 4.87% |
| SPYD | SPDR Portfolio S&P 500 High Dividend ETF | 4.49% |
| FDL | First Trust Morningstar Dividend Leaders Index Fund | 4.36% |
| DJD | Invesco Dow Jones Industrial Average Dividend ETF | 4.25% |
Invesco QQQ stock price stood at $431.00
According to the latest long-term forecast, Invesco QQQ price will hit $450 by the end of 2024 and then $500 by the middle of 2025. Invesco QQQ will rise to $600 within the year of 2026, $700 in 2028, $800 in 2029, $900 in 2031 and $1000 in 2034.
Is QQQ a safe long-term investment?
QQQ appears to be the single best long-term investment option for investors seeking total returns due to its ability to expose holders to top U.S. companies on an ongoing basis. The Nasdaq 100 has consistently outperformed the S&P 500 in terms of total returns, making it a favorable choice for long-term investors.
| Symbol | Name | 5-Year Return |
|---|---|---|
| FTXL | First Trust Nasdaq Semiconductor ETF | 20.08% |
| AIRR | First Trust RBA American Industrial Renaissance ETF | 19.85% |
| FTEC | Fidelity MSCI Information Technology Index ETF | 19.59% |
| VGT | Vanguard Information Technology ETF | 19.41% |
| Symbol | Name | 10 Year Total Returns (As of March 31, 2024) |
|---|---|---|
| SOXX | iShares Semiconductor ETF | 856.53% |
| PSI | Invesco Semiconductors ETF | 765.02% |
| XSD | SPDR® S&P Semiconductor ETF | 610.79% |
| XLK | Technology Select Sector SPDR® ETF | 554.92% |
| Company | Dividend Yield |
|---|---|
| Evolution Petroleum Corporation (EPM) | 8.39% |
| Eagle Bancorp Inc (MD) (EGBN) | 8.18% |
| CVR Energy Inc (CVI) | 8.13% |
| First Of Long Island Corp. (FLIC) | 7.87% |
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.
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. Your own investment goals should also play a big role in deciding what a good dividend yield is for you.
Institutional Ownership and Shareholders
Invesco QQQ Trust, Series 1 (US:QQQ) has 2958 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 243,074,190 shares.
The QQQY Exchange Traded Fund (ETF) is provided by Defiance ETFs. This fund is actively managed; it does not track an index.
Cognition Therapeutics has 262.69% upside potential, based on the analysts' average price target. Is CGTX a Buy, Sell or Hold? Cognition Therapeutics has a conensus rating of Moderate Buy which is based on 2 buy ratings, 0 hold ratings and 0 sell ratings. The average price target for Cognition Therapeutics is $7.00.
The price-to-earnings ratio of the average company in the Invesco QQQ Trust is 34.4. That's on the expensive side. However, I still believe it's smart to consider investing. Valuation doesn't matter as much if you have a long time horizon.
What are the best ETFs for 2024?
| ETF | Ticker | Assets Under Management (AUM) |
|---|---|---|
| Vanguard S&P 500 ETF | (NYSEMKT:VOO) | $435.2 billion |
| Invesco QQQ Trust | (NASDAQ:QQQ) | $259.6 billion |
| Vanguard Growth ETF | (NYSEMKT:VUG) | $118.8 billion |
| iShares Core S&P Small-Cap ETF | (NYSEMKT:IJR) | $79.8 billion |
March 22nd - $ProShares Short QQQ (PSQ.US)$ is about to implement a 1-for-5 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from April 10th, 2024. $ProShares Short QQQ (PSQ.US)$ slipped 0.46% and closed at $8.7 on March 21st with a turnover of $145.81 million.
The QQQ ETF offers buy-and-hold investors low expenses and long-term growth potential with enough diversification to avoid the risks of betting on one company. On the downside, long-term investors in QQQ must deal with sector risk, possible overvaluation, and the absence of small caps.
Risk 1: Market risk
Although QQQ and other ETFs have helped democratize investing, the benefits of the ETF structure don't remove any of the inherent risks of investing in stocks, bonds, real estate, and other asset classes.
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