Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Plans Dividend Increase – $0.08 Per Share

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) announced a dividend on Monday, November 18th,NASDAQ Dividends reports. Stockholders of record on Monday, November 18th will be paid a dividend of 0.0773 per share on Friday, November 22nd. The ex-dividend date of this dividend is Monday, November 18th. This is a boost from Invesco High Yield Equity Dividend Achievers ETF’s previous dividend of $0.05.

Invesco High Yield Equity Dividend Achievers ETF Stock Performance

Shares of Invesco High Yield Equity Dividend Achievers ETF stock opened at $22.05 on Wednesday. The stock has a market capitalization of $1.24 billion, a PE ratio of 14.21 and a beta of 0.87. Invesco High Yield Equity Dividend Achievers ETF has a 52 week low of $19.14 and a 52 week high of $22.46. The stock has a 50 day moving average price of $21.80 and a two-hundred day moving average price of $20.96.

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.