Invesco KBW High Dividend Yield Financial ETF to Issue Monthly Dividend of $0.14 (NASDAQ:KBWD)

Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) announced a monthly dividend on Monday, August 24th, NASDAQ Dividends reports. Stockholders of record on Monday, August 24th will be given a dividend of 0.135 per share on Friday, August 28th. This represents a c) dividend on an annualized basis and a dividend yield of 12.9%. The ex-dividend date is Monday, August 24th.

Invesco KBW High Dividend Yield Financial ETF Stock Performance

Shares of KBWD stock traded down $0.08 during trading hours on Monday, reaching $12.52. The company had a trading volume of 424,733 shares, compared to its average volume of 389,960. Invesco KBW High Dividend Yield Financial ETF has a 12-month low of $11.90 and a 12-month high of $14.74. The company has a market capitalization of $423.93 million, a price-to-earnings ratio of 10.83 and a beta of 1.02. The stock has a fifty day moving average of $12.36 and a 200-day moving average of $12.73.

About Invesco KBW High Dividend Yield Financial ETF

The Invesco KBW High Dividend Yield Financial ETF (KBWD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a dividend-yield-weighted index of US financial firms. KBWD was launched on Dec 2, 2010 and is managed by Invesco.