Invesco S&P SmallCap Utilities ETF (PSCU) Plans Quarterly Dividend of $0.42
Invesco S&P SmallCap Utilities ETF (NASDAQ:PSCU) declared a quarterly dividend on Monday, September 24th, Wall Street Journal reports. Shareholders of record on Tuesday, September 25th will be given a dividend of 0.4229 per share on Friday, September 28th. This represents a $1.69 annualized dividend and a yield of 2.97%. The ex-dividend date of this dividend is Monday, September 24th. This is a positive change from Invesco S&P SmallCap Utilities ETF’s previous quarterly dividend of $0.38.
Invesco S&P SmallCap Utilities ETF has increased its dividend payment by an average of 0.1% annually over the last three years.
Shares of NASDAQ:PSCU traded down $0.50 during trading on Monday, hitting $56.90. The company had a trading volume of 4,879 shares, compared to its average volume of 7,268. Invesco S&P SmallCap Utilities ETF has a one year low of $47.05 and a one year high of $58.14.
PowerShares S&P SmallCap Utilities Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the index called the S&P SmallCap 600 Capped Utilities & Telecom Services Index (the Underlying Index). The Underlying Index consists of common stocks of United States utility companies.
Further Reading: Asset Allocation
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