Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM) to Issue Dividend Increase – $0.34 Per Share

Invesco S&P SmallCap Materials ETF (NASDAQ:PSCMGet Free Report) announced a quarterly dividend on Monday, June 23rd, NASDAQ Dividends reports. Stockholders of record on Monday, June 23rd will be paid a dividend of 0.3405 per share on Friday, June 27th. This represents a $1.36 annualized dividend and a dividend yield of 2.00%. The ex-dividend date is Monday, June 23rd. This is a 196.1% increase from Invesco S&P SmallCap Materials ETF’s previous quarterly dividend of $0.12.

Invesco S&P SmallCap Materials ETF Trading Up 1.1%

PSCM stock traded up $0.73 during trading on Monday, hitting $68.04. 448 shares of the company’s stock were exchanged, compared to its average volume of 1,252. The business has a 50-day moving average price of $65.23 and a two-hundred day moving average price of $69.54. The stock has a market capitalization of $12.25 million, a price-to-earnings ratio of 16.59 and a beta of 1.29. Invesco S&P SmallCap Materials ETF has a 52-week low of $55.33 and a 52-week high of $86.48.

Invesco S&P SmallCap Materials ETF Company Profile

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PowerShares S&P SmallCap Materials Portfolio (the Fund) is based on the S&P SmallCap 600 Capped Materials Index (Index). The Index is designed to measure the overall performance of common stocks of United States basic materials companies. These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals.

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Dividend History for Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM)

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