Invesco Nasdaq Biotechnology ETF (NASDAQ:IBBQ) Increases Dividend to $0.23 Per Share

Invesco Nasdaq Biotechnology ETF (NASDAQ:IBBQ) declared a quarterly dividend on Monday, September 21st. Shareholders of record on Monday, September 21st will be given a dividend of 0.2304 per share on Friday, September 25th. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Monday, September 21st. This is a 573.2% increase from Invesco Nasdaq Biotechnology ETF’s previous quarterly dividend of $0.03.

Invesco Nasdaq Biotechnology ETF Trading Up 0.5%

Shares of NASDAQ:IBBQ traded up $0.18 during midday trading on Monday, reaching $34.87. The company had a trading volume of 37,962 shares, compared to its average volume of 29,067. The stock has a market cap of $81.60 million, a P/E ratio of 17.03 and a beta of 0.61. The company’s 50 day moving average price is $34.18 and its 200 day moving average price is $31.33. Invesco Nasdaq Biotechnology ETF has a 52-week low of $23.42 and a 52-week high of $36.84.

About Invesco Nasdaq Biotechnology ETF

The Invesco Nasdaq Biotechnology ETF (IBBQ) is an exchange-traded fund that is based on the NASDAQ / Biotechnology index, a modified market-cap-weighted index of US biotechnology and pharmaceutical companies listed on the NASDAQ. IBBQ was launched on Jun 11, 2021 and is managed by Invesco.