Dividend payout ration is Dividend/EPS, and indicates if company can afford to pay dividends from net income that it earned in the quarter.
Since EPS can be played with using different "accounting gymnastics", a better measure of dividends safety is Dividend to Free Cash Flow (FCF) ratio.
FCF is how much cash the company has earned each quarter, after paying all expenses not related to earnings.
Lower Ratio indicates SAFER Dividend! Ratios consistently close to, or over 100% are usually unsustainable and often indicate a dividend cut might be coming soon.
Based on past 0.2-year performance, here are QQQT growth metrics:
Share price CAGR of +0% Dividend CAGR of +0%
Using QQQT CAGR metrics, we can estimate, that your initial $10000 investment, over next 10 years ago, should grow with dividends being reinvested (DRIP) as follows:
QQQT
Current Price
$18.72
Start Shares
534.19
Start Value
$10,000
After 10 years:
Final Share Count
1,048.77
Dividends Payment
$0.32
Annual Dividends
$1,336
Yield on cost
13.36%
Share Price
$18.72
Total Dividends
$9,633
Final Value
$19,633
Estimated Future Value + Dividends - QQQT
NOTE: Above numbers are our estimate based on QQQT's Dividend and Price CAGR over past 0.2 years.
These numebrs should only be considered as "potential future returns"! These numbers assume DRIP (reinvesting dividends).
We cannot guarantee that your actual returns will meet these estimates.
Company Info
Defiance Nasdaq 100 Income Target ETF (QQQT) had its IPO on 0000-00-00, and is trader on NASDAQ stock exchange.
QQQT company information not available.
Website - not listed.
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