Invesco Preferred ETF (NYSEARCA:PGX) Declares $0.06 Monthly Dividend

Invesco Preferred ETF (NYSEARCA:PGX) announced a monthly dividend on Tuesday, January 21st, Wall Street Journal reports. Shareholders of record on Wednesday, January 22nd will be paid a dividend of 0.063 per share on Friday, January 31st. This represents a $0.76 dividend on an annualized basis and a yield of 5.00%. The ex-dividend date is Tuesday, January 21st.

Shares of NYSEARCA PGX opened at $15.10 on Wednesday. Invesco Preferred ETF has a 1 year low of $13.88 and a 1 year high of $15.20. The firm’s 50-day moving average is $15.00 and its 200-day moving average is $14.93.

About Invesco Preferred ETF

The PowerShares Preferred Portfolio (Fund) is based on The BofA Merrill Lynch Core Fixed Rate Preferred Securities Index (Index). The Fund normally invest at least 90% of its total assets in securities that comprise the Index. The Index is designed to replicate the total return of a diversified group of investment-grade preferred securities.

Featured Story: 52-Week High/Low Prices For Stock Selection

Dividend History for Invesco Preferred ETF (NYSEARCA:PGX)

Receive News & Ratings for Invesco Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter.