Invesco Dynamic Pharmaceuticals ETF (NYSEARCA:PJP) announced a quarterly dividend on Monday, September 24th, Wall Street Journal reports. Stockholders of record on Tuesday, September 25th will be given a dividend of 0.1592 per share on Friday, September 28th. This represents a $0.64 annualized dividend and a dividend yield of 0.87%. The ex-dividend date is Monday, September 24th. This is a boost from Invesco Dynamic Pharmaceuticals ETF’s previous quarterly dividend of $0.12.

Shares of PJP stock traded down $0.13 on Monday, hitting $72.89. The stock had a trading volume of 75,010 shares, compared to its average volume of 41,434. Invesco Dynamic Pharmaceuticals ETF has a 52-week low of $59.82 and a 52-week high of $74.29.

About Invesco Dynamic Pharmaceuticals ETF

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

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