Invesco Water Resources ETF (NASDAQ:PHO) Plans Dividend Increase – $0.10 Per Share

Invesco Water Resources ETF (NASDAQ:PHO) declared a dividend on Monday, March 24th, NASDAQ Dividends reports. Investors of record on Monday, March 24th will be paid a dividend of 0.098 per share on Friday, March 28th. The ex-dividend date is Monday, March 24th. This is a 6.2% increase from Invesco Water Resources ETF’s previous dividend of $0.09.

Invesco Water Resources ETF Stock Up 1.3 %

Shares of NASDAQ:PHO traded up $0.83 during trading on Monday, hitting $65.17. The stock had a trading volume of 67,614 shares, compared to its average volume of 70,159. Invesco Water Resources ETF has a 12-month low of $62.82 and a 12-month high of $72.59. The stock has a market capitalization of $2.10 billion, a price-to-earnings ratio of 25.82 and a beta of 0.96. The stock has a 50-day simple moving average of $66.91 and a two-hundred day simple moving average of $68.35.

About Invesco Water Resources ETF

PowerShares Water Resources Portfolio (the Fund) seeks investment results that generally correspond to the price yield of the NASDAQ OMX US Water Index (the Underlying Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Underlying Index. The Underlying Index seeks to track the performance of the United States exchange-listed companies that create products designed to conserve and purify water for homes, businesses and industries.