Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) Raises Dividend to $0.28 Per Share

Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) announced a quarterly dividend on Monday, June 23rd, NASDAQ Dividends reports. Investors of record on Monday, June 23rd will be given a dividend of 0.2756 per share on Friday, June 27th. This represents a $1.10 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date is Monday, June 23rd. This is a 172.9% increase from Invesco Dorsey Wright Consumer Staples Momentum ETF’s previous quarterly dividend of $0.10.

Invesco Dorsey Wright Consumer Staples Momentum ETF Stock Up 1.1%

NASDAQ:PSL traded up $1.17 on Monday, hitting $111.02. The stock had a trading volume of 2,694 shares, compared to its average volume of 3,376. The business’s 50-day simple moving average is $109.66 and its two-hundred day simple moving average is $108.50. The stock has a market cap of $93.26 million, a price-to-earnings ratio of 18.93 and a beta of 0.73. Invesco Dorsey Wright Consumer Staples Momentum ETF has a 52-week low of $95.03 and a 52-week high of $114.45.

About Invesco Dorsey Wright Consumer Staples Momentum ETF

PowerShares Dynamic Consumer Staples Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Staples Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer staples companies.