Invesco Dorsey Wright Utilities Momentum ETF (NASDAQ:PUI) to Issue Quarterly Dividend of $0.25

Invesco Dorsey Wright Utilities Momentum ETF (NASDAQ:PUI) declared a quarterly dividend on Monday, December 22nd. Investors of record on Monday, December 22nd will be given a dividend of 0.2504 per share on Friday, December 26th. This represents a c) annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Monday, December 22nd. This is a 15.8% increase from Invesco Dorsey Wright Utilities Momentum ETF’s previous quarterly dividend of $0.22.

Invesco Dorsey Wright Utilities Momentum ETF Stock Up 0.1%

Shares of PUI traded up $0.04 during midday trading on Monday, reaching $43.72. 6,644 shares of the stock were exchanged, compared to its average volume of 13,642. The stock’s 50 day simple moving average is $45.90 and its 200 day simple moving average is $44.34. The company has a market cap of $49.84 million, a P/E ratio of 20.63 and a beta of 0.66. Invesco Dorsey Wright Utilities Momentum ETF has a twelve month low of $36.90 and a twelve month high of $49.30.

Invesco Dorsey Wright Utilities Momentum ETF Company Profile

PowerShares Dynamic Utilities Portfolio (Fund) is based on the Dynamic Utilities Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Utilities Intellidex Index (Index). The Fund normally invests at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as consumer discretionary, information technology, telecommunication services and utilities.