Invesco Dividend Achievers ETF to Issue Dividend of $0.19 (NASDAQ:PFM)

Invesco Dividend Achievers ETF (NASDAQ:PFM) announced a dividend on Friday, June 19th, NASDAQ Dividends reports. Shareholders of record on Monday, June 22nd will be paid a dividend of 0.1929 per share on Friday, June 26th. The ex-dividend date of this dividend is Monday, June 22nd.

Invesco Dividend Achievers ETF Price Performance

Shares of NASDAQ:PFM remained flat at $55.19 during trading hours on Friday. 15,458 shares of the company’s stock were exchanged, compared to its average volume of 27,530. Invesco Dividend Achievers ETF has a 52 week low of $46.72 and a 52 week high of $55.92. The business’s 50-day moving average is $54.31 and its 200 day moving average is $53.04. The stock has a market cap of $779.83 million, a PE ratio of 23.20 and a beta of 0.78.

About Invesco Dividend Achievers ETF

PowerShares Dividend Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Broad Dividend Achievers Index (the Index). The Index is designed to identify a diversified group of dividend paying companies. These companies have increased their annual dividend for 10 or more consecutive fiscal years. The portfolio is rebalanced quarterly and reconstituted annually. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index.