Invesco RAFI Strategic US ETF (NASDAQ:IUS) to Issue Quarterly Dividend of $0.23

Invesco RAFI Strategic US ETF (NASDAQ:IUS) announced a quarterly dividend on Monday, September 21st. Shareholders of record on Monday, September 21st will be paid a dividend of 0.2284 per share on Friday, September 25th. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Monday, September 21st. This is a 11.2% increase from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.21.

Invesco RAFI Strategic US ETF Stock Up 0.3%

Shares of IUS traded up $0.22 during mid-day trading on Monday, hitting $69.08. The company had a trading volume of 46,065 shares, compared to its average volume of 53,148. The business’s 50-day simple moving average is $68.87 and its 200-day simple moving average is $64.81. Invesco RAFI Strategic US ETF has a 1-year low of $53.97 and a 1-year high of $70.64. The stock has a market cap of $941.56 million, a PE ratio of 18.38 and a beta of 0.87.

About Invesco RAFI Strategic US ETF

The Invesco RAFI Strategic US ETF (IUS) is an exchange-traded fund that is based on the Invesco Strategic US index. The fund tracks an index of stocks from large US firms. The index determines firm size by fundamental metrics and also screens by quality metrics IUS was launched on Sep 12, 2018 and is managed by Invesco.