Invesco BuyBack Achievers ETF (NASDAQ:PKW) Declares Dividend Increase – $0.31 Per Share

Invesco BuyBack Achievers ETF (NASDAQ:PKW) declared a dividend on Monday, March 24th, NASDAQ Dividends reports. Stockholders of record on Monday, March 24th will be given a dividend of 0.3078 per share by the exchange traded fund on Friday, March 28th. The ex-dividend date of this dividend is Monday, March 24th. This is a 40.1% increase from Invesco BuyBack Achievers ETF’s previous dividend of $0.22.

Invesco BuyBack Achievers ETF Trading Up 1.4 %

NASDAQ:PKW traded up $1.63 during mid-day trading on Monday, hitting $115.38. 15,245 shares of the company’s stock traded hands, compared to its average volume of 18,791. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of 14.74 and a beta of 1.09. The firm has a 50 day moving average of $116.97 and a two-hundred day moving average of $116.86. Invesco BuyBack Achievers ETF has a 12 month low of $101.26 and a 12 month high of $125.31.

Invesco BuyBack Achievers ETF Company Profile

PowerShares Buyback Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Share BuyBack Achievers Index (the Index). The Index is designed to track the performance of companies that meet the requirements to be classified as BuyBack Achievers. To become eligible for inclusion in the Index, a company must be incorporated in the United States, trade on a United States exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months.