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

Invesco Dividend Achievers ETF (NASDAQ:PFM) announced a dividend on Monday, March 24th, NASDAQ Dividends reports. Stockholders of record on Monday, March 24th will be paid a dividend of 0.1793 per share on Friday, March 28th. The ex-dividend date of this dividend is Monday, March 24th.

Invesco Dividend Achievers ETF Stock Up 0.7 %

Shares of NASDAQ PFM opened at $46.17 on Tuesday. The stock’s fifty day simple moving average is $47.00 and its 200 day simple moving average is $46.74. The stock has a market capitalization of $705.94 million, a price-to-earnings ratio of 23.86 and a beta of 0.83. Invesco Dividend Achievers ETF has a 52-week low of $40.43 and a 52-week high of $48.28.

About Invesco Dividend Achievers ETF

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.