Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) Increases Dividend to $0.60 Per Share

Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) declared a quarterly dividend on Monday, December 22nd. Stockholders of record on Monday, December 22nd will be given a dividend of 0.6048 per share on Friday, December 26th. This represents a c) dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, December 22nd. This is a 61.9% increase from Invesco KBW Property & Casualty Insurance ETF’s previous quarterly dividend of $0.37.

Invesco KBW Property & Casualty Insurance ETF Stock Up 0.2%

Shares of KBWP traded up $0.30 during mid-day trading on Monday, hitting $127.89. The company had a trading volume of 4,412 shares, compared to its average volume of 26,987. Invesco KBW Property & Casualty Insurance ETF has a 1-year low of $108.64 and a 1-year high of $128.36. The business’s 50-day simple moving average is $121.72 and its 200-day simple moving average is $121.14. The stock has a market cap of $439.93 million, a PE ratio of 13.50 and a beta of 0.55.

Invesco KBW Property & Casualty Insurance ETF Company Profile

The Invesco KBW Property & Casualty Insurance ETF (KBWP) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a modified market-cap-weighted index focused exclusively on property & casualty insurance companies in the US. KBWP was launched on Dec 2, 2010 and is managed by Invesco.