Invesco Dorsey Wright Utilities Momentum ETF (NASDAQ:PUI) Declares Dividend Increase – $0.26 Per Share

Invesco Dorsey Wright Utilities Momentum ETF (NASDAQ:PUI) announced a dividend on Monday, March 24th, NASDAQ Dividends reports. Stockholders of record on Monday, March 24th will be paid a dividend of 0.2554 per share on Friday, March 28th. The ex-dividend date is Monday, March 24th. This is a 27.0% increase from Invesco Dorsey Wright Utilities Momentum ETF’s previous dividend of $0.20.

Invesco Dorsey Wright Utilities Momentum ETF Stock Performance

Shares of NASDAQ PUI traded down $0.13 during trading hours on Monday, reaching $40.74. 13,423 shares of the stock were exchanged, compared to its average volume of 8,646. The firm has a market capitalization of $43.59 million, a price-to-earnings ratio of 20.02 and a beta of 0.60. The stock’s fifty day simple moving average is $40.37 and its 200 day simple moving average is $40.13. Invesco Dorsey Wright Utilities Momentum ETF has a 52 week low of $32.25 and a 52 week high of $42.78.

Invesco Dorsey Wright Utilities Momentum ETF Company Profile

PowerShares Dynamic Utilities Portfolio (Fund) is based on the Dynamic Utilities Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Utilities Intellidex Index (Index).