Invesco Dividend Achievers ETF (NASDAQ:PFM – Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as $46.63 and last traded at $46.56, with a volume of 330396 shares traded. The stock had previously closed at $46.14.
Invesco Dividend Achievers ETF Trading Up 1.0 %
The stock has a market capitalization of $726.81 million, a price-to-earnings ratio of 22.62 and a beta of 0.83. The business has a 50 day simple moving average of $45.24 and a 200-day simple moving average of $43.43.
Invesco Dividend Achievers ETF Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.173 dividend. The ex-dividend date was Monday, September 23rd. This represents a $0.69 dividend on an annualized basis and a yield of 1.48%.
Hedge Funds Weigh In On Invesco Dividend Achievers ETF
Invesco Dividend Achievers ETF Company Profile
PowerShares Dividend Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Broad Dividend Achievers Index (the Index). The Index is designed to identify a diversified group of dividend paying companies. These companies have increased their annual dividend for 10 or more consecutive fiscal years.
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