The TQQQ Dividend Yield is a crucial metric for investors to understand, especially for those who rely on dividend income. It's actually quite low, averaging around 0.5% to 1.5% per annum.
This low yield is due to the fact that TQQQ tracks the Nasdaq-100 Index, which is heavily weighted towards growth stocks that don't typically pay dividends.
What is TQQQ Dividend Yield?
The TQQQ Dividend Yield is relatively low compared to other ETFs.
It's because TQQQ is designed to track the performance of the Nasdaq-100 Index, which is made up of highly volatile growth stocks that typically don't pay dividends.
TQQQ's dividend yield is around 0.10% to 0.20%, which is significantly lower than the S&P 500's dividend yield.
Capital Gain Distribution
TQQQ is a popular ETF that focuses on the top-performing tech stocks, but what about its dividend yield? One important aspect to consider is how often TQQQ distributes capital gains to its shareholders.
TQQQ distributes capital gains annually, just like its peers in the Category Low and Category High groups.
The frequency of capital gain distribution is consistent across the board, with all three options - TQQQ, Category Low, and Category High - distributing capital gains annually.
A fresh viewpoint: Taxes on Capital Gains and Dividends
Dividend History
ProShares UltraPro QQQ has a dividend history that's worth noting. The fund provided a 1.21% dividend yield over the last twelve months.
The annual payout is $1.00 per share, which is consistent with the payout in 2024. This is a significant increase from previous years.
The fund has been increasing its distributions for 3 consecutive years, which is a positive trend for investors.
Here's a breakdown of the dividend history over the past few years:
The dividend yield has been steadily increasing over the past few years, with a notable increase in 2023 to 1.26%.
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