Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) to Issue Dividend Increase – $0.15 Per Share

Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) declared a monthly dividend on Monday, February 23rd. Stockholders of record on Monday, February 23rd will be paid a dividend of 0.148 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 13.4%. The ex-dividend date of this dividend is Monday, February 23rd. This is a 0.1% increase from Invesco KBW High Dividend Yield Financial ETF’s previous monthly dividend of $0.15.

Invesco KBW High Dividend Yield Financial ETF Price Performance

Invesco KBW High Dividend Yield Financial ETF stock traded down $0.39 during mid-day trading on Monday, reaching $13.22. The stock had a trading volume of 1,578,436 shares, compared to its average volume of 391,338. The company has a market capitalization of $413.79 million, a price-to-earnings ratio of 10.83 and a beta of 1.15. Invesco KBW High Dividend Yield Financial ETF has a one year low of $11.96 and a one year high of $15.56. The company has a 50-day moving average price of $13.97 and a two-hundred day moving average price of $13.82.

Invesco KBW High Dividend Yield Financial ETF Company Profile

The Invesco KBW High Dividend Yield Financial ETF (KBWD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a dividend-yield-weighted index of US financial firms. KBWD was launched on Dec 2, 2010 and is managed by Invesco.