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

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) declared a dividend on Monday, January 20th,NASDAQ Dividends reports. Investors of record on Tuesday, January 21st will be paid a dividend of 0.0837 per share on Friday, January 24th. The ex-dividend date is Tuesday, January 21st. This is a boost 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 %

Shares of Invesco High Yield Equity Dividend Achievers ETF stock opened at $21.77 on Tuesday. Invesco High Yield Equity Dividend Achievers ETF has a 52 week low of $19.22 and a 52 week high of $23.22. The business has a 50 day moving average price of $21.86 and a 200-day moving average price of $21.55. The company has a market cap of $1.22 billion, a PE ratio of 14.21 and a beta of 0.87.

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.