Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Raises Dividend to $0.08 Per Share

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) announced a dividend on Monday, January 20th,NASDAQ Dividends reports. Investors of record on Tuesday, January 21st will be given a dividend of 0.0837 per share on Friday, January 24th. The ex-dividend date of this dividend is Tuesday, January 21st. This is a positive change from Invesco High Yield Equity Dividend Achievers ETF’s previous dividend of $0.08.

Invesco High Yield Equity Dividend Achievers ETF Trading Up 0.6 %

Shares of PEY opened at $21.77 on Tuesday. The company has a market capitalization of $1.22 billion, a PE ratio of 14.21 and a beta of 0.87. The stock’s 50-day moving average price is $21.86 and its two-hundred day moving average price is $21.55. Invesco High Yield Equity Dividend Achievers ETF has a 12 month low of $19.22 and a 12 month high of $23.22.

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.