Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Raises Dividend to $0.02 Per Share

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) announced a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Shareholders of record on Monday, March 23rd will be given a dividend of 0.0226 per share on Friday, March 27th. This represents a c) dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Monday, March 23rd. This is a 24.9% increase from Invesco Nasdaq Free Cash Flow Achievers ETF’s previous quarterly dividend of $0.02.

Invesco Nasdaq Free Cash Flow Achievers ETF Stock Performance

Shares of NASDAQ:QOWZ traded up $0.31 during midday trading on Monday, hitting $32.22. The company’s stock had a trading volume of 914 shares, compared to its average volume of 2,389. The stock’s 50 day simple moving average is $34.15 and its 200 day simple moving average is $35.42. The stock has a market capitalization of $12.89 million, a price-to-earnings ratio of 36.92 and a beta of 1.12. Invesco Nasdaq Free Cash Flow Achievers ETF has a fifty-two week low of $27.10 and a fifty-two week high of $37.26.

Invesco Nasdaq Free Cash Flow Achievers ETF Company Profile

The Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) is an exchange-traded fund that is based on the Nasdaq US Free Cash Flow Achievers index. The fund is passively managed, tracking an index composed of US-listed companies that are perceived to have strong free cash flow and show consistent growth. QOWZ was launched on Dec 6, 2023 and is issued by Invesco.