Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) Plans Dividend Increase – $0.24 Per Share

Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) announced a dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Monday, March 24th will be given a dividend of 0.2427 per share on Friday, March 28th. The ex-dividend date of this dividend is Monday, March 24th. This is a 38.9% increase from Invesco S&P SmallCap Energy ETF’s previous dividend of $0.17.

Invesco S&P SmallCap Energy ETF Price Performance

Shares of PSCE stock traded up $0.60 during midday trading on Monday, hitting $42.51. The company had a trading volume of 7,457 shares, compared to its average volume of 32,398. The stock has a market cap of $78.22 million, a price-to-earnings ratio of 8.61 and a beta of 1.95. The company’s 50 day simple moving average is $45.85 and its 200 day simple moving average is $48.46. Invesco S&P SmallCap Energy ETF has a 52-week low of $38.55 and a 52-week high of $58.39.

Invesco S&P SmallCap Energy ETF Company Profile

PowerShares S&P SmallCap Energy Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called the S&P SmallCap 600 Capped Energy Index (the Underlying Index). The Underlying Index consists of common stocks of the United States energy companies that are principally engaged in the business of producing, distributing or servicing energy-related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil-based energy.