Invesco Dorsey Wright Financial Momentum ETF (NASDAQ:PFI) Raises Dividend to $0.26 Per Share

Invesco Dorsey Wright Financial Momentum ETF (NASDAQ:PFI) declared a quarterly dividend on Tuesday, December 23rd. Stockholders of record on Monday, June 22nd will be paid a dividend of 0.2616 per share on Friday, June 26th. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, June 22nd. This is a 64.6% increase from Invesco Dorsey Wright Financial Momentum ETF’s previous quarterly dividend of $0.16.

Invesco Dorsey Wright Financial Momentum ETF Trading Down 0.0%

PFI opened at $60.60 on Friday. Invesco Dorsey Wright Financial Momentum ETF has a 1-year low of $51.57 and a 1-year high of $61.21. The stock has a market capitalization of $37.57 million, a price-to-earnings ratio of 18.63 and a beta of 1.01. The business has a 50 day moving average of $58.54 and a 200-day moving average of $57.33.

Invesco Dorsey Wright Financial Momentum ETF Company Profile

PowerShares Dynamic Financial Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Financial Sector Intellidex Index (the Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investments and risk factors. Securities shown to possess the greatest capital appreciation potential are selected by the Index.