Invesco Dynamic Media ETF (NYSEARCA:PBS) declared a quarterly dividend on Monday, September 24th, Wall Street Journal reports. Investors of record on Tuesday, September 25th will be paid a dividend of 0.1203 per share on Friday, September 28th. This represents a $0.48 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date is Monday, September 24th. This is a boost from Invesco Dynamic Media ETF’s previous quarterly dividend of $0.04.

Shares of PBS opened at $32.42 on Tuesday. Invesco Dynamic Media ETF has a 52-week low of $26.87 and a 52-week high of $34.07.

Invesco Dynamic Media ETF Company Profile

PowerShares Dynamic Media Portfolio (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Media Intellidex Index (the Index). The Index is designed to provide capital appreciation by evaluating companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.

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