Invesco Dividend Achievers ETF Announces Dividend of $0.18 (NASDAQ:PFM)

Invesco Dividend Achievers ETF (NASDAQ:PFM) declared a dividend on Monday, December 23rd,NASDAQ Dividends reports. Investors of record on Monday, December 23rd will be given a dividend of 0.1813 per share on Friday, December 27th. The ex-dividend date is Monday, December 23rd.

Invesco Dividend Achievers ETF Price Performance

PFM remained flat at $46.20 during midday trading on Monday. The company’s stock had a trading volume of 19,537 shares, compared to its average volume of 27,358. The stock has a market cap of $705.94 million, a price-to-earnings ratio of 22.62 and a beta of 0.83. The business has a fifty day moving average of $47.07 and a 200 day moving average of $45.38. Invesco Dividend Achievers ETF has a 12 month low of $39.40 and a 12 month high of $48.28.

Invesco Dividend Achievers ETF Company Profile

PowerShares Dividend Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Broad Dividend Achievers Index (the Index). The Index is designed to identify a diversified group of dividend paying companies. These companies have increased their annual dividend for 10 or more consecutive fiscal years.