Invesco KBW Bank ETF (NASDAQ:KBWB) Plans Dividend Increase – $0.41 Per Share

Invesco KBW Bank ETF (NASDAQ:KBWBGet Free Report) announced a dividend on Monday, March 24th, NASDAQ Dividends reports. Stockholders of record on Monday, March 24th will be paid a dividend of 0.4118 per share on Friday, March 28th. The ex-dividend date of this dividend is Monday, March 24th. This is a 14.4% increase from Invesco KBW Bank ETF’s previous dividend of $0.36.

Invesco KBW Bank ETF Stock Performance

Shares of KBWB traded up $1.15 during midday trading on Monday, hitting $64.67. 3,754,336 shares of the company traded hands, compared to its average volume of 1,162,277. The firm has a 50 day moving average of $67.98 and a 200-day moving average of $65.39. Invesco KBW Bank ETF has a 52 week low of $49.32 and a 52 week high of $72.39. The stock has a market cap of $3.12 billion, a price-to-earnings ratio of 12.76 and a beta of 1.19.

About Invesco KBW Bank ETF

(Get Free Report)

The Invesco KBW Bank ETF (KBWB) is an exchange-traded fund that is based on the KBW Nasdaq Bank index, a modified market-cap-weighted index of US banking firms. KBWB was launched on Nov 1, 2011 and is managed by Invesco.

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Dividend History for Invesco KBW Bank ETF (NASDAQ:KBWB)

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