Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Declares $0.09 Monthly Dividend

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) announced a monthly dividend on Monday, August 24th, NASDAQ Dividends reports. Investors of record on Monday, August 24th will be paid a dividend of 0.0932 per share on Friday, August 28th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Monday, August 24th.

Invesco High Yield Equity Dividend Achievers ETF Stock Up 0.2%

PEY traded up $0.04 during trading hours on Monday, reaching $25.22. 256,892 shares of the company’s stock traded hands, compared to its average volume of 320,632. The firm has a 50-day moving average price of $24.08 and a 200 day moving average price of $22.64. Invesco High Yield Equity Dividend Achievers ETF has a 52-week low of $19.58 and a 52-week high of $25.49. The firm has a market capitalization of $1.18 billion, a PE ratio of 13.11 and a beta of 0.65.

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.