Direxion NASDAQ-100 Equal Weighted Index Shares to Issue Quarterly Dividend of $0.16 (NASDAQ:QQQE)

Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) declared a quarterly dividend on Monday, September 23rd, NASDAQ reports. Stockholders of record on Tuesday, September 24th will be paid a dividend of 0.1602 per share on Tuesday, October 1st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date is Tuesday, September 24th.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

Shares of NASDAQ QQQE opened at $89.73 on Wednesday. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a fifty-two week low of $70.18 and a fifty-two week high of $92.06. The firm’s 50-day simple moving average is $87.60 and its 200 day simple moving average is $87.71.

Direxion NASDAQ-100 Equal Weighted Index Shares Company Profile

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.