SQQQ Dividend History, Dates & Yield - Stock Analysis (2024)

FAQs

What is the dividend of SQQQ in 2024? ›

Last dividend for ProShares UltraPro Short QQQ (SQQQ) as of April 30, 2024 is 0.16 USD. The forward dividend yield for SQQQ as of April 30, 2024 is 5.80%. Dividend history for stock SQQQ (ProShares UltraPro Short QQQ) including historic stock price, payout ratio history and split, spin-off and special dividends.

SQQQ ETFs can be a great way to make money during downturns, but they are also risky and require a lot of knowledge and experience. Make sure to do your research, stay informed about the market developments, and use leverage carefully—these can all help you develop a potentially successful SQQQ trading strategy.

The SQQQ is meant to be held intraday and is not a long-term investment, where expenses and decay will quickly eat into returns.

SQQQ Dividend Information

SQQQ has a dividend yield of 8.67% and paid $1.04 per share in the past year. The dividend is paid every six months and the last ex-dividend date was Mar 20, 2024.

Given its high-risk profile and potential for rapid loss, SQQQ is generally considered suitable only for short-term trading or as a component of a hedging strategy during market downturns.

The key word here is "daily." Due to how compounding works, holding SQQQ for longer periods of time may result in unpredictable returns. So, holding SQQQ long term is not recommended as the ETF suffers from significant volatility decay, causing its share price to lose value if held for too long.

While the Fund has a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance. For any holding period other than a day, your return may be higher or lower than the Daily Target.

Holding an inverse ETF for more than a day can produce returns that don't track with the total return of the underlying security. The more volatile the underlying security, the greater the tracking error.

Leveraged ETF prices tend to decay over time, and triple leverage will tend to decay at a faster rate than 2x leverage. As a result, they can tend toward zero.

The application of leverage amplifies both prospective gains and potential losses, making SQQQ especially susceptible to market volatility. Moreover, due to its inverse correlation with its underlying benchmark, when markets are thriving, this ETF may experience losses.

How much decay is in SQQQ? ›

Historically, SQQQ decays around 7-8% per month, though this would likely be around 4-5% per month during a flat market such as that experienced so far this year.

Institutional Ownership and Shareholders

Largest shareholders include Susquehanna International Group, Llp, Simplex Trading, Llc, Hrt Financial Lp, Simplex Trading, Llc, Jump Financial, LLC, Citadel Advisors Llc, Gts Securities Llc, Gts Securities Llc, Citadel Advisors Llc, and IMC-Chicago, LLC .

The Procter & Gamble Company (NYSE:PG), Johnson & Johnson (NYSE:JNJ), and Colgate-Palmolive Company (NYSE:CL) are some of the best dividend growers to generate regular income as these companies have raised their payouts for decades.

NA (SQQQ) has 6 splits in our SQQQ split history database.

SQQQ Signals & Forecast

On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $11.97. On a fall, the ETF will find some support from the long-term average at approximately $11.07.

Stable. 13.38% forward dividend yield. Top 15%.

Historically, SQQQ decays around 7-8% per month, though this would likely be around 4-5% per month during a flat market such as that experienced so far this year.