Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Declares Dividend of $0.07

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) declared a dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Monday, March 24th will be paid a dividend of 0.07 per share on Friday, March 28th. The ex-dividend date is Monday, March 24th.

Invesco High Yield Equity Dividend Achievers ETF Stock Up 0.6 %

PEY stock traded up $0.13 during midday trading on Monday, reaching $21.55. The stock had a trading volume of 117,017 shares, compared to its average volume of 200,628. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of 15.66 and a beta of 0.87. The business has a fifty day simple moving average of $21.70 and a two-hundred day simple moving average of $21.77. Invesco High Yield Equity Dividend Achievers ETF has a twelve month low of $19.22 and a twelve month high of $23.22.

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.