Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) Raises Dividend to $0.24 Per Share

Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) announced a quarterly dividend on Monday, December 22nd. Stockholders of record on Monday, December 22nd will be paid a dividend of 0.242 per share on Friday, December 26th. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Monday, December 22nd. This is a 199.1% increase from Invesco Dorsey Wright Emerging Markets Momentum ETF’s previous quarterly dividend of $0.08.

Invesco Dorsey Wright Emerging Markets Momentum ETF Price Performance

Shares of NASDAQ PIE traded down $0.23 during mid-day trading on Monday, hitting $24.30. The company had a trading volume of 13,910 shares, compared to its average volume of 29,508. Invesco Dorsey Wright Emerging Markets Momentum ETF has a 12 month low of $15.31 and a 12 month high of $24.78. The stock has a market cap of $120.29 million, a price-to-earnings ratio of 13.79 and a beta of 0.72. The firm’s 50 day simple moving average is $24.09 and its two-hundred day simple moving average is $22.95.

Invesco Dorsey Wright Emerging Markets Momentum ETF Company Profile

PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (the Index). The Fund normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S. stock exchange. The Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in emerging market countries including, but not limited to Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.