Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Increases Dividend to $0.06 Per Share

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) declared a monthly dividend on Friday, April 19th, Wall Street Journal reports. Stockholders of record on Tuesday, April 23rd will be paid a dividend of 0.0571 per share on Tuesday, April 30th. This represents a $0.68 annualized dividend and a dividend yield of 3.81%. The ex-dividend date of this dividend is Monday, April 22nd. This is an increase from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.05.

Invesco High Yield Equity Dividend Achievers ETF has increased its dividend by an average of 14.3% per year over the last three years.

Shares of Invesco High Yield Equity Dividend Achievers ETF stock opened at $17.97 on Friday. Invesco High Yield Equity Dividend Achievers ETF has a 12 month low of $15.03 and a 12 month high of $18.39.

Separately, Desjardins restated a “hold” rating and set a $8.50 price target on shares of Invesco High Yield Equity Dividend Achievers ETF in a research note on Tuesday, February 12th.

TRADEMARK VIOLATION WARNING: This news story was first published by Baseball Daily News and is the sole property of of Baseball Daily News. If you are reading this news story on another site, it was copied illegally and reposted in violation of U.S. & international copyright and trademark laws. The correct version of this news story can be read at https://www.baseballdailydigest.com/news/2019/05/12/invesco-high-yield-equity-dividend-achievers-etf-pey-increases-dividend-to-0-06-per-share.html.

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.

Recommended Story: What is the formula for calculating total return?

Dividend History for Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Receive News & Ratings for Invesco High Yield Equity Dividend Achievers ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco High Yield Equity Dividend Achievers ETF and related companies with MarketBeat.com's FREE daily email newsletter.