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) declared a dividend on Monday, January 20th,NASDAQ Dividends reports. Investors of record on Tuesday, January 21st will be paid a dividend of 0.0837 per share on Friday, January 24th. The ex-dividend date of this dividend is Tuesday, January 21st. 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

NASDAQ:PEY traded up $0.12 during trading hours on Monday, hitting $21.77. The stock had a trading volume of 155,429 shares, compared to its average volume of 219,884. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of 14.21 and a beta of 0.87. Invesco High Yield Equity Dividend Achievers ETF has a one year low of $19.22 and a one year high of $23.22. The company has a 50 day simple moving average of $21.87 and a two-hundred day simple moving average of $21.53.

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.