NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) Announces Monthly Dividend of $0.63

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) announced a monthly dividend on Tuesday, October 20th. Shareholders of record on Wednesday, October 21st will be paid a dividend of $0.6343 per share on Friday, October 23rd. This represents a $7.61 dividend on an annualized basis and a yield of 14.1%. The ex-dividend date is Wednesday, October 21st. This is a 0.1% increase from NEOS Nasdaq 100 High Income ETF’s previous monthly dividend of $0.6339.

NEOS Nasdaq 100 High Income ETF Stock Performance

NASDAQ QQQI traded down $0.23 during trading on Wednesday, reaching $53.93. 2,123,438 shares of the company’s stock were exchanged, compared to its average volume of 5,679,321. The stock has a market cap of $14.86 billion, a P/E ratio of 32.88 and a beta of 0.94. The company has a 50 day moving average price of $54.97 and a two-hundred day moving average price of $54.92. NEOS Nasdaq 100 High Income ETF has a 1 year low of $47.87 and a 1 year high of $57.84.

Institutional Investors Weigh In On NEOS Nasdaq 100 High Income ETF

Institutional investors have recently added to or reduced their stakes in the business. Roble Belko & Company Inc lifted its position in shares of NEOS Nasdaq 100 High Income ETF by 65.9% during the 2nd quarter. Roble Belko & Company Inc now owns 549 shares of the company’s stock worth $31,000 after buying an additional 218 shares during the last quarter. Markowski Investments acquired a new position in shares of NEOS Nasdaq 100 High Income ETF in the 2nd quarter valued at $58,000. City State Bank boosted its holdings in shares of NEOS Nasdaq 100 High Income ETF by 10.0% in the 3rd quarter. City State Bank now owns 2,200 shares of the company’s stock valued at $122,000 after buying an additional 200 shares in the last quarter. Valeo Financial Advisors LLC acquired a new position in shares of NEOS Nasdaq 100 High Income ETF in the 2nd quarter valued at $206,000. Finally, Prime Capital Investment Advisors LLC purchased a new position in shares of NEOS Nasdaq 100 High Income ETF in the 3rd quarter valued at $252,000.

NEOS Nasdaq 100 High Income ETF Company Profile

The NEOS Nasdaq 100 High Income ETF (QQQI) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks high monthly income through NASDAQ-100 stocks and call options, pursuing potential equity growth in a tax-efficient manner. QQQI was launched on Jan 30, 2024 and is issued by Neos.