Invesco India ETF (PIN) To Go Ex-Dividend on December 22nd

Invesco India ETF (NYSEARCA:PIN) announced a quarterly dividend on Tuesday, January 14th. Investors of record on Monday, December 22nd will be given a dividend of 1.68 per share on Friday, December 26th. This represents a c) dividend on an annualized basis and a yield of 25.7%. The ex-dividend date of this dividend is Monday, December 22nd.

Invesco India ETF Price Performance

NYSEARCA:PIN traded up $0.45 during trading hours on Friday, hitting $26.14. 54,751 shares of the company were exchanged, compared to its average volume of 44,229. Invesco India ETF has a 52-week low of $23.07 and a 52-week high of $28.48. The stock has a market capitalization of $213.56 million, a price-to-earnings ratio of 26.32 and a beta of 0.47. The company’s 50 day moving average price is $26.09 and its 200-day moving average price is $26.03.

Invesco India ETF Company Profile

PowerShares India Portfolio (the Fund) is based on the Indus India Index (Index). The Fund seeks to achieve its investment objective by investing substantially all of its assets in a wholly-owned subsidiary located in the Republic of Mauritius (the Subsidiary), which in turn invests at least 90% of its total assets in securities of Indian companies that consists of the Index, as well as American depositary receipts(ADR) and global depositary receipts (GDR) based on the securities in the Index. The Index is designed to represent the segment of the Indian equity markets.