Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Raises Dividend to $0.08 Per Share

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) declared a dividend on Tuesday, January 21st,NASDAQ Dividends reports. Investors of record on Tuesday, January 21st will be paid a dividend of 0.0837 per share on Friday, January 24th. The ex-dividend date is Tuesday, January 21st. This is a positive change from Invesco High Yield Equity Dividend Achievers ETF’s previous dividend of $0.08.

Invesco High Yield Equity Dividend Achievers ETF Trading Down 1.2 %

Shares of NASDAQ:PEY opened at $21.55 on Thursday. Invesco High Yield Equity Dividend Achievers ETF has a 12 month low of $19.22 and a 12 month high of $23.22. The company has a 50-day moving average price of $21.84 and a 200 day moving average price of $21.56. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 14.21 and a beta of 0.87.

About Invesco High Yield Equity Dividend Achievers ETF

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.