Invesco High Yield Equity Dividend Achievers ETF Plans Monthly Dividend of $0.09 (NASDAQ:PEY)

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) declared a monthly dividend on Monday, August 24th, NASDAQ Dividends reports. Investors of record on Monday, August 24th will be given a dividend of 0.0932 per share on Friday, August 28th. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date is Monday, August 24th.

Invesco High Yield Equity Dividend Achievers ETF Trading Up 0.2%

Shares of NASDAQ:PEY opened at $25.22 on Tuesday. The stock’s 50-day moving average price is $24.12 and its two-hundred day moving average price is $22.67. Invesco High Yield Equity Dividend Achievers ETF has a 12-month low of $19.58 and a 12-month high of $25.49. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of 13.11 and a beta of 0.65.

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.