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

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) declared a monthly dividend on Monday, March 23rd, NASDAQ Dividends reports. Shareholders of record on Monday, March 23rd will be given a dividend of 0.0711 per share on Friday, March 27th. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Monday, March 23rd.

Invesco High Yield Equity Dividend Achievers ETF Trading Up 1.3%

Shares of NASDAQ:PEY traded up $0.27 during trading on Monday, hitting $20.87. 1,851,476 shares of the company were exchanged, compared to its average volume of 331,769. Invesco High Yield Equity Dividend Achievers ETF has a fifty-two week low of $18.32 and a fifty-two week high of $22.45. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 13.11 and a beta of 0.74. The firm has a fifty day moving average price of $21.55 and a two-hundred day moving average price of $21.02.

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. The Funds sector allocation includes consumers discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials and telecommunication services.