Invesco High Yield Equity Dividend Achievers ETF (PEY) To Go Ex-Dividend on March 23rd

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) announced a monthly dividend on Monday, March 23rd, NASDAQ Dividends reports. Investors of record on Monday, March 23rd will be given a dividend of 0.0711 per share on Friday, March 27th. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Monday, March 23rd.

Invesco High Yield Equity Dividend Achievers ETF Trading Up 0.5%

Shares of PEY stock opened at $20.98 on Wednesday. Invesco High Yield Equity Dividend Achievers ETF has a twelve month low of $18.32 and a twelve month high of $22.45. The company’s 50-day moving average price is $21.55 and its 200-day moving average price is $21.01. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 13.11 and a beta of 0.74.

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. The Funds sector allocation includes consumers discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials and telecommunication services.