“Are Any of These 6 Dividend ETFs on Sale? | Partner Series ft. Devoted Dividend Investing”
$QQQYNo side taken
QQQY is near all-time highs and possibly not discounted, yet the stance remains neutral-to-positive as there is no intent to sell or stop buying.
first let's take a look at QQQY. This is the NEON NASDAQ 100 Hank ETF, which is still trading very close to its all-time high. The ETF is trading at around $55 per share and currently offers a dividend yield of around 14%.
Its blended PE is 30.14 times and EPS yield is 3.32%. Its adjusted operating earnings growth rate will be 30.24%. And its fair value will be 30.24 times.