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
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Comments (1)
  • Ocean Man
    , contributor
    Comments (578) | Send Message
     
    My math says it's 4 cents to each QQQ share, currently at $90.
    23 Feb 2014, 09:37 PM Reply Like
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