Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Declares Dividend Increase – $0.40 Per Share

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) declared a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Shareholders of record on Monday, March 23rd will be given a dividend of 0.4002 per share on Friday, March 27th. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Monday, March 23rd. This is a 36.1% increase from Invesco S&P SmallCap Financials ETF’s previous quarterly dividend of $0.29.

Invesco S&P SmallCap Financials ETF Price Performance

Shares of NASDAQ PSCF opened at $56.25 on Tuesday. The business has a fifty day moving average price of $59.22 and a two-hundred day moving average price of $57.92. The stock has a market capitalization of $20.81 million, a PE ratio of 15.25 and a beta of 1.02. Invesco S&P SmallCap Financials ETF has a fifty-two week low of $45.14 and a fifty-two week high of $62.20.

Invesco S&P SmallCap Financials ETF Company Profile

PowerShares S&P SmallCap Financials Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the index called the S&P SmallCap 600 Capped Financials Index (the Underlying Index). The Underlying Index consists of common stocks of the United States financial service companies that are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Underlying Index is compiled, maintained and calculated by Standard & Poor’s Financial Services LLC (Standard & Poor’s).