Ex-Div Reminder for NASDAQ Premium Income & Growth Fund (QQQX)

Looking at the universe of stocks we cover at Dividend Channel, on 6/11/15, NASDAQ Premium Income & Growth Fund (QQQX) will trade ex-dividend, for its quarterly dividend of $0.35, payable on 7/1/15. As a percentage of QQQX's recent stock price of $18.93, this dividend works out to approximately 1.85%, so look for shares of NASDAQ Premium Income & Growth Fund to trade 1.85% lower — all else being equal — when QQQX shares open for trading on 6/11/15.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for QQQX, showing historical dividends prior to the most recent $0.35 declared by NASDAQ Premium Income & Growth Fund:

QQQX+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from QQQX is likely to continue, and whether the current estimated yield of 7.40% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of QQQX shares, versus its 200 day moving average:

NASDAQ Premium Income & Growth Fund 200 Day Moving Average Chart

Looking at the chart above, QQQX's low point in its 52 week range is $17.66 per share, with $23.60 as the 52 week high point — that compares with a last trade of $18.93.

In Tuesday trading, NASDAQ Premium Income & Growth Fund shares are currently off about 0.4% on the day.

More from Stocks

Trump's 'Space Force' Could Launch a $1 Trillion Industry, Morgan Stanley Says

Trump's 'Space Force' Could Launch a $1 Trillion Industry, Morgan Stanley Says

Abiomed Stock Should Rise Some 12% From Here, Piper Jaffray Analyst Says

Abiomed Stock Should Rise Some 12% From Here, Piper Jaffray Analyst Says

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat