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

Invesco Dividend Achievers ETF (NASDAQ:PFM) declared a dividend on Monday, March 24th, NASDAQ Dividends reports. Stockholders of record on Monday, March 24th will be given 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 Performance

NASDAQ:PFM traded up $0.32 during mid-day trading on Monday, hitting $46.17. The company had a trading volume of 26,809 shares, compared to its average volume of 28,830. Invesco Dividend Achievers ETF has a fifty-two week low of $40.43 and a fifty-two week high of $48.28. The firm has a market cap of $705.94 million, a P/E ratio of 23.86 and a beta of 0.83. The business’s fifty day moving average is $46.99 and its two-hundred day moving average is $46.74.

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.