Invesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH) to Issue $1.53 Quarterly Dividend
by Mitch Edgeman · The Markets DailyInvesco Dorsey Wright Healthcare Momentum ETF (NASDAQ:PTH – Get Free Report) announced a quarterly dividend on Monday, December 22nd. Shareholders of record on Monday, December 22nd will be paid a dividend of 1.5265 per share on Friday, December 26th. This represents a c) dividend on an annualized basis and a yield of 12.0%. The ex-dividend date of this dividend is Monday, December 22nd.
Invesco Dorsey Wright Healthcare Momentum ETF Stock Performance
PTH traded down $0.96 during midday trading on Monday, hitting $50.73. The company had a trading volume of 55,546 shares, compared to its average volume of 10,990. Invesco Dorsey Wright Healthcare Momentum ETF has a twelve month low of $33.56 and a twelve month high of $54.47. The firm’s 50-day simple moving average is $49.80 and its 200-day simple moving average is $43.19. The company has a market capitalization of $119.22 million, a PE ratio of 35.21 and a beta of 0.86.
Invesco Dorsey Wright Healthcare Momentum ETF Company Profile
PowerShares Dynamic Healthcare Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Healthcare Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investments and risk factors. Securities shown to possess the greatest capital appreciation potential are selected by the Index.The Fund invests only in health care sector.