Invesco KBW Bank ETF (NASDAQ:KBWB) Plans Dividend of $0.41

Invesco KBW Bank ETF (NASDAQ:KBWB) announced a dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Monday, March 24th will be paid a dividend of 0.4118 per share on Friday, March 28th. The ex-dividend date of this dividend is Monday, March 24th. This is a 14.4% increase from Invesco KBW Bank ETF’s previous dividend of $0.36.

Invesco KBW Bank ETF Stock Up 1.8 %

KBWB stock opened at $64.67 on Tuesday. The firm has a market capitalization of $3.12 billion, a PE ratio of 12.76 and a beta of 1.19. Invesco KBW Bank ETF has a twelve month low of $49.32 and a twelve month high of $72.39. The stock’s 50 day moving average is $67.96 and its 200-day moving average is $65.44.

About Invesco KBW Bank ETF

The Invesco KBW Bank ETF (KBWB) is an exchange-traded fund that is based on the KBW Nasdaq Bank index, a modified market-cap-weighted index of US banking firms. KBWB was launched on Nov 1, 2011 and is managed by Invesco.