Invesco Water Resources ETF (NASDAQ:PHO) Announces Dividend Increase – $0.10 Per Share

Invesco Water Resources ETF (NASDAQ:PHO) announced a dividend on Monday, March 24th, NASDAQ Dividends reports. Stockholders of record on Monday, March 24th will be paid a dividend of 0.098 per share on Friday, March 28th. The ex-dividend date is Monday, March 24th. This is a 6.2% increase from Invesco Water Resources ETF’s previous dividend of $0.09.

Invesco Water Resources ETF Stock Performance

NASDAQ:PHO opened at $65.17 on Tuesday. The stock has a 50-day simple moving average of $66.91 and a 200 day simple moving average of $68.33. Invesco Water Resources ETF has a 52-week low of $62.82 and a 52-week high of $72.59. The company has a market cap of $2.10 billion, a PE ratio of 25.82 and a beta of 0.96.

Invesco Water Resources ETF Company Profile

PowerShares Water Resources Portfolio (the Fund) seeks investment results that generally correspond to the price yield of the NASDAQ OMX US Water Index (the Underlying Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Underlying Index. The Underlying Index seeks to track the performance of the United States exchange-listed companies that create products designed to conserve and purify water for homes, businesses and industries.