Seeking Alpha

Special dividend for the QQQ

  • The special payout is due to the large capital return from Vodafone after the sale of its 45% stake in Verizon Wireless to Verizon. Vodafone represents 0.93% of the total holdings of Invesco's PowerShares QQQ.
  • The ex-date for the QQQ distribution is anticipated to be February 27, the record date March 3, and the payable date March 7.
  • The amount of the payment is not yet available.
  • Press release
Comments (1)
  • Ocean Man
    , contributor
    Comments (536) | Send Message
     
    My math says it's 4 cents to each QQQ share, currently at $90.
    23 Feb, 09:37 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|