Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Announces Dividend Increase – $0.08 Per Share

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) declared a dividend on Monday, November 18th,NASDAQ Dividends reports. Shareholders of record on Monday, November 18th will be paid a dividend of 0.0773 per share on Friday, November 22nd. The ex-dividend date of this dividend is Monday, November 18th. This is a boost from Invesco High Yield Equity Dividend Achievers ETF’s previous dividend of $0.05.

Invesco High Yield Equity Dividend Achievers ETF Price Performance

Shares of PEY traded up $0.21 during midday trading on Monday, hitting $22.21. 132,653 shares of the company traded hands, compared to its average volume of 252,432. Invesco High Yield Equity Dividend Achievers ETF has a one year low of $19.14 and a one year high of $22.46. The firm has a market cap of $1.25 billion, a P/E ratio of 14.21 and a beta of 0.87. The stock has a 50-day moving average of $21.77 and a 200-day moving average of $20.93.

Invesco High Yield Equity Dividend Achievers ETF Company Profile

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.