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

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) declared a monthly dividend on Monday, May 19th, NASDAQ Dividends reports. Shareholders of record on Monday, May 19th will be given a dividend of 0.0855 per share on Friday, May 23rd. This represents a $1.03 annualized dividend and a yield of 4.95%. The ex-dividend date of this dividend is Monday, May 19th.

Invesco High Yield Equity Dividend Achievers ETF Stock Down 0.6%

NASDAQ:PEY traded down $0.12 during trading hours on Monday, reaching $20.74. 134,038 shares of the company’s stock were exchanged, compared to its average volume of 196,203. Invesco High Yield Equity Dividend Achievers ETF has a 1-year low of $18.32 and a 1-year high of $23.22. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of 13.81 and a beta of 0.73. The company has a 50-day moving average of $20.33 and a 200 day moving average of $21.31.

About Invesco High Yield Equity Dividend Achievers ETF

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.