Invesco BuyBack Achievers ETF (NASDAQ:PKW) Declares Dividend Increase – $0.31 Per Share

Invesco BuyBack Achievers ETF (NASDAQ:PKW) announced a dividend on Monday, March 24th, NASDAQ Dividends reports. Stockholders of record on Monday, March 24th will be given a dividend of 0.3078 per share by the exchange traded fund on Friday, March 28th. The ex-dividend date is Monday, March 24th. This is a 40.1% increase from Invesco BuyBack Achievers ETF’s previous dividend of $0.22.

Invesco BuyBack Achievers ETF Price Performance

Shares of Invesco BuyBack Achievers ETF stock opened at $115.55 on Wednesday. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of 14.74 and a beta of 1.09. Invesco BuyBack Achievers ETF has a 1 year low of $101.26 and a 1 year high of $125.31. The firm’s 50-day moving average is $116.97 and its two-hundred day moving average is $116.96.

About Invesco BuyBack Achievers ETF

PowerShares Buyback Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Share BuyBack Achievers Index (the Index). The Index is designed to track the performance of companies that meet the requirements to be classified as BuyBack Achievers. To become eligible for inclusion in the Index, a company must be incorporated in the United States, trade on a United States exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months.