Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Raises Dividend to $0.09 Per Share

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) declared a monthly dividend on Monday, May 18th, NASDAQ Dividends reports. Stockholders of record on Monday, May 18th will be paid a dividend of 0.0906 per share on Friday, May 22nd. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend is Monday, May 18th. This is a 10.7% increase from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.08.

Invesco High Yield Equity Dividend Achievers ETF Trading Up 1.1%

Shares of Invesco High Yield Equity Dividend Achievers ETF stock traded up $0.23 during trading on Monday, hitting $21.83. 367,627 shares of the stock traded hands, compared to its average volume of 388,183. The firm has a market cap of $1.03 billion, a P/E ratio of 13.11 and a beta of 0.66. Invesco High Yield Equity Dividend Achievers ETF has a 52-week low of $19.58 and a 52-week high of $22.57. The stock’s fifty day simple moving average is $21.54 and its 200 day simple moving average is $21.19.

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.