Nuveen NASDAQ 100 Dynamic's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Nuveen NASDAQ 100 Dynamic (NASDAQ:QQQX) has announced a quarterly dividend of 42 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 42 cents lower to reflect the payout. Shareholders who own QQQX as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on October 02, 2023.
September 11, 2023 | 2:45 pm
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Nuveen NASDAQ 100 Dynamic (NASDAQ:QQQX) has announced a quarterly dividend of 42 cents per share. The stock will likely open lower on the ex-dividend date.
The announcement of a dividend typically leads to a decrease in the stock price on the ex-dividend date. This is because the stock will trade lower to reflect the payout. In this case, QQQX is expected to open 42 cents lower on the ex-dividend date.
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