Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Plans Monthly Dividend of $0.08

by · The Markets Daily

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY – Get Free Report) announced a monthly dividend on Monday, February 23rd. Stockholders of record on Monday, February 23rd will be given a dividend of 0.0808 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Monday, February 23rd.

Invesco High Yield Equity Dividend Achievers ETF Stock Down 1.8%

Shares of PEY stock traded down $0.39 during trading hours on Monday, hitting $21.73. 152,809 shares of the company’s stock were exchanged, compared to its average volume of 214,097. Invesco High Yield Equity Dividend Achievers ETF has a fifty-two week low of $18.32 and a fifty-two week high of $22.45. The firm has a market cap of $1.07 billion, a P/E ratio of 13.11 and a beta of 0.74. The firm has a 50 day moving average of $21.31 and a two-hundred day moving average of $21.00.

Invesco High Yield Equity Dividend Achievers ETF Company Profile

(Get Free Report)

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.

See Also