Invesco High Yield Equity Dividend Achievers ETF (PEY) to Issue Monthly Dividend of $0.09 on August 28th

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) announced a monthly dividend on Monday, August 24th, NASDAQ Dividends reports. Shareholders 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 yield of 4.4%. The ex-dividend date is Monday, August 24th.

Invesco High Yield Equity Dividend Achievers ETF Trading Down 0.2%

NASDAQ PEY opened at $25.16 on Wednesday. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 13.11 and a beta of 0.65. Invesco High Yield Equity Dividend Achievers ETF has a 12 month low of $19.58 and a 12 month high of $25.49. The company’s 50 day moving average is $24.16 and its two-hundred day moving average is $22.69.

Invesco High Yield Equity Dividend Achievers ETF Company Profile

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.