Invesco Dorsey Wright Financial Momentum ETF (PFI) to Issue Quarterly Dividend of $0.26 on June 26th

Invesco Dorsey Wright Financial Momentum ETF (NASDAQ:PFI) declared a quarterly dividend on Tuesday, December 23rd. Shareholders of record on Monday, June 22nd will be paid a dividend of 0.2616 per share on Friday, June 26th. This represents a c) annualized dividend and a 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 Stock Down 0.0%

Shares of PFI stock opened at $60.60 on Friday. Invesco Dorsey Wright Financial Momentum ETF has a 12 month low of $51.57 and a 12 month high of $61.21. The firm has a market cap of $37.57 million, a PE ratio of 18.63 and a beta of 1.01. The stock 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.