Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) Plans Dividend Increase – $0.22 Per Share

Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) announced a dividend on Monday, March 24th, NASDAQ Dividends reports. Stockholders of record on Monday, March 24th will be paid a dividend of 0.2207 per share on Friday, March 28th. The ex-dividend date of this dividend is Monday, March 24th. This is a 5.9% increase from Invesco Dorsey Wright Consumer Staples Momentum ETF’s previous dividend of $0.21.

Invesco Dorsey Wright Consumer Staples Momentum ETF Trading Up 1.6 %

Shares of NASDAQ:PSL traded up $1.67 during mid-day trading on Monday, hitting $106.52. 6,498 shares of the company traded hands, compared to its average volume of 2,527. The stock has a 50-day moving average price of $109.05 and a two-hundred day moving average price of $105.96. Invesco Dorsey Wright Consumer Staples Momentum ETF has a 12-month low of $91.63 and a 12-month high of $114.45. The stock has a market cap of $89.48 million, a P/E ratio of 20.49 and a beta of 0.73.

Invesco Dorsey Wright Consumer Staples Momentum ETF Company Profile

PowerShares Dynamic Consumer Staples Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Staples Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer staples companies.