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Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Declares Dividend Increase - $0.14 Per Share

Direxion NASDAQ-100 Equal Weighted Index Shares logo with background

Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Get Free Report) declared a quarterly dividend on Monday, June 23rd, NASDAQ Dividends reports. Shareholders of record on Tuesday, June 24th will be given a dividend of 0.1422 per share on Tuesday, July 1st. This represents a $0.57 annualized dividend and a yield of 0.58%. The ex-dividend date of this dividend is Tuesday, June 24th. This is a 131.4% increase from Direxion NASDAQ-100 Equal Weighted Index Shares's previous quarterly dividend of $0.06.

Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 0.2%

QQQE stock traded up $0.20 on Friday, hitting $97.52. The company had a trading volume of 34,868 shares, compared to its average volume of 269,383. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12-month low of $75.07 and a 12-month high of $98.09. The stock has a market cap of $1.35 billion, a price-to-earnings ratio of 27.96 and a beta of 1.05. The stock's 50-day simple moving average is $92.37 and its 200 day simple moving average is $91.27.

About Direxion NASDAQ-100 Equal Weighted Index Shares

(Get Free Report)

The Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) is an exchange-traded fund that is based on the NASDAQ-100 Equally Weighted index. The fund tracks an equal-weighted version of the NASDAQ 100. QQQE was launched on Mar 21, 2012 and is managed by Direxion.

Further Reading

Dividend History for Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

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