Shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY – Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $21.85 and last traded at $21.80, with a volume of 9720 shares trading hands. The stock had previously closed at $21.74.
Invesco High Yield Equity Dividend Achievers ETF Price Performance
The business’s 50-day moving average price is $21.21 and its 200-day moving average price is $20.39. The firm has a market capitalization of $1.25 billion, a PE ratio of 14.21 and a beta of 0.87.
Invesco High Yield Equity Dividend Achievers ETF Cuts Dividend
The firm also recently disclosed a monthly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 19th were paid a $0.076 dividend. The ex-dividend date of this dividend was Monday, August 19th. This represents a $0.91 dividend on an annualized basis and a yield of 4.20%.
Institutional Investors Weigh In On Invesco High Yield Equity Dividend Achievers ETF
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.
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