PowerShares High Yld. Dividend Achv(ETF) (NYSE:PEY) declared a monthly dividend on Monday, October 23rd, Wall Street Journal reports. Shareholders of record on Tuesday, October 24th will be given a dividend of 0.049 per share on Tuesday, October 31st. This represents a $0.59 annualized dividend and a yield of 3.37%. The ex-dividend date of this dividend is Monday, October 23rd.

PowerShares High Yld. Dividend Achv(ETF) has increased its dividend payment by an average of 10.8% per year over the last three years.

PowerShares High Yld. Dividend Ach (PEY) traded down 0.12% on Monday, reaching $17.44. The company’s stock had a trading volume of 140,929 shares. PowerShares High Yld. Dividend Ach has a 12 month low of $15.17 and a 12 month high of $17.53. The firm has a 50 day moving average of $17.14 and a 200 day moving average of $16.95.

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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)

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