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

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) declared a monthly dividend on Monday, April 20th, NASDAQ Dividends reports. Investors of record on Monday, April 20th will be paid a dividend of 0.0818 per share on Friday, April 24th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Monday, April 20th. This is a 15.0% increase from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.07.

Invesco High Yield Equity Dividend Achievers ETF Trading Up 0.7%

PEY stock traded up $0.15 during midday trading on Monday, hitting $22.16. The stock had a trading volume of 204,287 shares, compared to its average volume of 434,357. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of 13.11 and a beta of 0.67. Invesco High Yield Equity Dividend Achievers ETF has a 52 week low of $19.05 and a 52 week high of $22.45. The stock has a 50-day simple moving average of $21.50 and a 200 day simple moving average of $21.06.

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.