PowerShares High Yld. Dividend Achv(ETF) (NYSE:PEY) declared a monthly dividend on Tuesday, August 15th, Wall Street Journal reports. Investors of record on Thursday, August 17th will be given a dividend of 0.049 per share on Wednesday, August 30th. This represents a $0.59 annualized dividend and a yield of 3.52%. The ex-dividend date is Tuesday, August 15th.

PowerShares High Yld. Dividend Achv(ETF) has raised its dividend by an average of 10.8% annually over the last three years.

PowerShares High Yld. Dividend Ach (NYSE:PEY) traded down 0.36% during trading on Tuesday, reaching $16.73. 303,702 shares of the company traded hands. PowerShares High Yld. Dividend Ach has a 52 week low of $15.17 and a 52 week high of $17.46. The company’s 50-day moving average price is $16.89 and its 200 day moving average price is $16.96.

TRADEMARK VIOLATION WARNING: This news story was reported by Watch List News and is owned by of Watch List News. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of United States and international trademark & copyright legislation. The legal version of this news story can be viewed at https://www.watchlistnews.com/powershares-high-yld-dividend-achvetf-pey-plans-monthly-dividend-of-0-05/1492222.html.

About PowerShares High Yld. Dividend Achv(ETF)

PowerShares High Yield Equity Dividend Achiever Portfolio (the Fund) is based on the Mergent Dividend Achiever 50 Index (the Index). The Fund focuses to invest at least 90% of its total assets in dividend paying common stocks, which comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends.

Dividend History for PowerShares High Yld. Dividend Achv(ETF) (NYSE:PEY)

Receive News & Ratings for PowerShares High Yld. Dividend Achv(ETF) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PowerShares High Yld. Dividend Achv(ETF) and related companies with Analyst Ratings Network's FREE daily email newsletter.