Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Declares Monthly Dividend of $0.08

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) declared a monthly dividend on Monday, April 20th, NASDAQ Dividends reports. Stockholders of record on Monday, April 20th will be given a dividend of 0.0818 per share on Friday, April 24th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Monday, April 20th. This is a 15.0% increase from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.07.

Invesco High Yield Equity Dividend Achievers ETF Trading Up 0.7%

Shares of Invesco High Yield Equity Dividend Achievers ETF stock opened at $22.16 on Tuesday. The firm has a market capitalization of $1.04 billion, a PE ratio of 13.11 and a beta of 0.67. The business’s 50-day moving average price is $21.50 and its 200-day moving average price is $21.07. Invesco High Yield Equity Dividend Achievers ETF has a 12 month low of $19.05 and a 12 month high of $22.45.

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. The Funds sector allocation includes consumers discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials and telecommunication services.