Invesco KBW Bank ETF (KBWB) To Go Ex-Dividend on March 23rd

Invesco KBW Bank ETF (NASDAQ:KBWB) declared a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Shareholders of record on Monday, March 23rd will be given a dividend of 0.4898 per share on Friday, March 27th. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, March 23rd. This is a 10.3% increase from Invesco KBW Bank ETF’s previous quarterly dividend of $0.44.

Invesco KBW Bank ETF Stock Up 1.2%

KBWB stock opened at $78.61 on Wednesday. The firm has a market cap of $5.57 billion, a PE ratio of 13.35 and a beta of 1.11. The business has a 50 day moving average of $83.69 and a 200-day moving average of $81.16. Invesco KBW Bank ETF has a 12-month low of $51.13 and a 12-month high of $91.43.

About Invesco KBW Bank ETF

The Invesco KBW Bank ETF (KBWB) is an exchange-traded fund that is based on the KBW Nasdaq Bank index, a modified market-cap-weighted index of US banking firms. KBWB was launched on Nov 1, 2011 and is managed by Invesco.