Invesco KBW High Dividend Yield Financial ETF to Issue Monthly Dividend of $0.14 (NASDAQ:KBWD)

Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) announced a monthly dividend on Monday, July 20th, NASDAQ Dividends reports. Stockholders of record on Monday, July 20th will be given a dividend of 0.135 per share on Friday, July 24th. This represents a c) dividend on an annualized basis and a dividend yield of 13.3%. The ex-dividend date is Monday, July 20th.

Invesco KBW High Dividend Yield Financial ETF Stock Performance

Shares of NASDAQ KBWD opened at $12.20 on Tuesday. The business has a 50 day simple moving average of $12.40 and a 200 day simple moving average of $13.03. Invesco KBW High Dividend Yield Financial ETF has a 52 week low of $11.96 and a 52 week high of $14.74. The stock has a market cap of $414.07 million, a price-to-earnings ratio of 10.83 and a beta of 1.01.

Invesco KBW High Dividend Yield Financial ETF Company Profile

The Invesco KBW High Dividend Yield Financial ETF (KBWD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a dividend-yield-weighted index of US financial firms. KBWD was launched on Dec 2, 2010 and is managed by Invesco.