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

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) announced a dividend on Monday, December 23rd,NASDAQ Dividends reports. Stockholders of record on Monday, December 23rd will be paid a dividend of 0.083 per share on Friday, December 27th. The ex-dividend date is Monday, December 23rd. This is an increase from Invesco High Yield Equity Dividend Achievers ETF’s previous dividend of $0.08.

Invesco High Yield Equity Dividend Achievers ETF Price Performance

Invesco High Yield Equity Dividend Achievers ETF stock traded down $0.11 during mid-day trading on Monday, hitting $21.27. The company’s stock had a trading volume of 195,614 shares, compared to its average volume of 246,680. The business has a 50 day moving average price of $22.12 and a 200-day moving average price of $21.30. Invesco High Yield Equity Dividend Achievers ETF has a 12 month low of $19.22 and a 12 month high of $23.22. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 14.21 and a beta of 0.87.

About Invesco High Yield Equity Dividend Achievers ETF

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.