Invesco Dorsey Wright Financial Momentum ETF (NASDAQ:PFI) Declares Quarterly Dividend of $0.26

Invesco Dorsey Wright Financial Momentum ETF (NASDAQ:PFI) declared a quarterly dividend on Friday, June 19th. Stockholders of record on Monday, June 22nd will be given a dividend of 0.2616 per share on Friday, June 26th. This represents a c) annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, June 22nd. This is a 64.6% increase from Invesco Dorsey Wright Financial Momentum ETF’s previous quarterly dividend of $0.16.

Invesco Dorsey Wright Financial Momentum ETF Stock Performance

Shares of PFI traded down $0.00 during mid-day trading on Friday, reaching $60.60. The company had a trading volume of 1,060 shares, compared to its average volume of 5,521. The firm has a 50-day moving average price of $58.45 and a 200 day moving average price of $57.31. Invesco Dorsey Wright Financial Momentum ETF has a 52 week low of $51.57 and a 52 week high of $61.21. The company has a market capitalization of $37.57 million, a price-to-earnings ratio of 18.63 and a beta of 1.01.

Invesco Dorsey Wright Financial Momentum ETF Company Profile

PowerShares Dynamic Financial Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Financial Sector Intellidex Index (the Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investments and risk factors. Securities shown to possess the greatest capital appreciation potential are selected by the Index.