Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Raises Dividend to $0.08 Per Share

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) announced a dividend on Monday, January 20th,NASDAQ Dividends reports. Investors of record on Tuesday, January 21st will be given a dividend of 0.0837 per share on Friday, January 24th. The ex-dividend date is Tuesday, January 21st. This is an increase from Invesco High Yield Equity Dividend Achievers ETF’s previous dividend of $0.08.

Invesco High Yield Equity Dividend Achievers ETF Stock Up 0.6 %

Invesco High Yield Equity Dividend Achievers ETF stock traded up $0.12 during trading hours on Monday, hitting $21.77. The stock had a trading volume of 155,429 shares, compared to its average volume of 219,884. Invesco High Yield Equity Dividend Achievers ETF has a fifty-two week low of $19.22 and a fifty-two week high of $23.22. The company has a market cap of $1.22 billion, a PE ratio of 14.21 and a beta of 0.87. The company has a 50-day moving average of $21.87 and a two-hundred day moving average of $21.53.

Invesco High Yield Equity Dividend Achievers ETF Company Profile

PowerShares High Yield Equity Dividend Achiever Portfolio (the Fund) is based on the Mergent Dividend Achiever 50 Index (the Index). The Fund focuses to invest at least 90% of its total assets in dividend paying common stocks, which comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends.