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

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY – Get Free Report) declared a monthly dividend on Monday, August 24th, NASDAQ Dividends reports. Investors of record on Monday, August 24th will be given a dividend of 0.0932 per share on Friday, August 28th. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Monday, August 24th.

Invesco High Yield Equity Dividend Achievers ETF Stock Up 0.2%

PEY stock traded up $0.04 during midday trading on Monday, hitting $25.22. The company’s stock had a trading volume of 256,892 shares, compared to its average volume of 320,632. Invesco High Yield Equity Dividend Achievers ETF has a 12 month low of $19.58 and a 12 month high of $25.49. The company has a 50 day moving average of $24.08 and a two-hundred day moving average of $22.64. The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of 13.11 and a beta of 0.65.

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About Invesco High Yield Equity Dividend Achievers ETF

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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. The Funds sector allocation includes consumers discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials and telecommunication services.

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