PowerShares High Yld. Dividend Achv(ETF) (PEY) Receiving Somewhat Positive Media Coverage, Accern Reports
News headlines about PowerShares High Yld. Dividend Achv(ETF) (NYSE:PEY) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PowerShares High Yld. Dividend Achv(ETF) earned a coverage optimism score of 0.04 on Accern’s scale. Accern also assigned news stories about the company an impact score of 47.4877599808725 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of PowerShares High Yld. Dividend Ach (NYSE PEY) traded down 0.24% on Friday, hitting $16.72. 73,260 shares of the stock traded hands. PowerShares High Yld. Dividend Ach has a 52-week low of $15.17 and a 52-week high of $17.46. The firm has a 50 day moving average price of $16.89 and a 200 day moving average price of $16.96.
The business also recently announced a monthly dividend, which was paid on Monday, July 31st. Stockholders of record on Tuesday, July 18th were given a dividend of $0.05 per share. This represents a $0.60 annualized dividend and a dividend yield of 3.58%. The ex-dividend date of this dividend was Friday, July 14th.
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.
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