Invesco KBW Bank ETF (NASDAQ:KBWB) announced a quarterly dividend on Monday, September 24th, Wall Street Journal reports. Stockholders of record on Tuesday, September 25th will be paid a dividend of 0.3208 per share on Friday, September 28th. This represents a $1.28 annualized dividend and a dividend yield of 2.29%. The ex-dividend date is Monday, September 24th. This is an increase from Invesco KBW Bank ETF’s previous quarterly dividend of $0.23.
Invesco KBW Bank ETF has increased its dividend payment by an average of 8.5% per year over the last three years.
Shares of NASDAQ:KBWB traded down $0.93 during trading on Monday, hitting $56.01. 138,515 shares of the company’s stock were exchanged, compared to its average volume of 493,741. Invesco KBW Bank ETF has a 1-year low of $49.51 and a 1-year high of $60.38.
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