Invesco High Yield Equity Dividend Achievers ETF (PEY)
| Assets | $1.24B |
| Expense Ratio | 0.53% |
| PE Ratio | 15.63 |
| Shares Out | 56.03M |
| Dividend (ttm) | $0.98 |
| Dividend Yield | 4.45% |
| Ex-Dividend Date | Nov 18, 2024 |
| Payout Ratio | 69.52% |
| 1-Year Return | +13.33% |
| Volume | 177,971 |
| Open | 22.03 |
| Previous Close | 22.05 |
| Day's Range | 21.94 - 22.10 |
| 52-Week Low | 19.15 |
| 52-Week High | 22.46 |
| Beta | 0.85 |
| Holdings | 51 |
| Inception Date | Dec 9, 2004 |
About PEY
Fund Home PageThe Invesco High Yield Equity Dividend Achievers ETF (PEY) is an exchange-traded fund that is based on the NASDAQ US Dividend Achievers 50 TR index. The fund tracks a yield-weighted index of US companies that have increased their annual dividends for at least 10 consecutive years. PEY was launched on Dec 9, 2004 and is issued by Invesco.
Top 10 Holdings
28.43% of assets| Name | Symbol | Weight |
|---|---|---|
| Walgreens Boots Alliance, Inc. | WBA | 3.54% |
| Altria Group, Inc. | MO | 3.37% |
| First Interstate BancSystem, Inc. | FIBK | 2.90% |
| Franklin Resources, Inc. | BEN | 2.87% |
| Verizon Communications Inc. | VZ | 2.84% |
| Cogent Communications Holdings, Inc. | CCOI | 2.82% |
| Universal Corporation | UVV | 2.66% |
| UGI Corporation | UGI | 2.62% |
| Bristol-Myers Squibb Company | BMY | 2.46% |
| KeyCorp | KEY | 2.38% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 18, 2024 | $0.077 | Nov 22, 2024 |
| Oct 21, 2024 | $0.090 | Oct 25, 2024 |
| Sep 23, 2024 | $0.074 | Sep 27, 2024 |
| Aug 19, 2024 | $0.076 | Aug 23, 2024 |
| Jul 22, 2024 | $0.086 | Jul 26, 2024 |
| Jun 24, 2024 | $0.071 | Jun 28, 2024 |
News
3 Powerful ETFs for Income Seekers Looking to Maximize Gains
With market pullbacks driven by factors like geopolitical tensions, central bank policies, and fluctuating jobless claims, many investors are left wondering where to allocate their funds. While the al...
PEY: A Nice Balance Of Sectors
Investors seeking stability during uncertainty should consider the Invesco High Yield Equity Dividend Achievers™ ETF for its high-yield dividends and consistent growth. PEY offers a diversified portfo...
PEY: Purely For Income
PEY offers a 4.81% TTM yield with monthly payouts and diversification across 50 stocks. Stock selection rules are based on yield and dividend increases. Its composition leads to poor total returns and...
PEY Gets The Job Done But Has Poor Holdings
Invesco High Yield Equity Dividend Achievers ETF has a strong historical performance with price returns of 57% and total returns of over 136% in the last ten years. PEY focuses on dividend-paying comp...
PEY: Is Wall Street Too Bearish On This 4.71% Yielding Dividend Achievers ETF?
PEY tracks the NASDAQ US Dividend Achievers 50 ETF Index, selecting high-dividend stocks from all size segments with at least ten consecutive years of dividend increases. The Index dividend yield is 5...
DGI ETF Investors: Don't Make These Common Mistakes When Screening
DGI investors buy companies with long histories of increasing dividend payments. The strategy works because it shifts investors' attention to regular income payments, meaning they'll stay invested for...
PEY: Pass Due To Bad Exposure And High Fees
Invesco High Yield Equity Dividend Achievers ETF faces risks due to a lack of diversification, bad exposure, underperformance compared to peers, and a high comparative fee structure. PEY's strategy fo...
PEY: Another Perennial Underachieving Dividend/Yield Focused Fund
The Invesco High Yield Equity Dividend Achievers ETF is a 4-star rated fund that invests in the NASDAQ US Dividend Achievers 50 Index. The top holdings include Walgreens Boots Alliance, Nu Skin, and A...
PEY: Targeting Dividend Growth And High Yield
Invesco's High Yield Equity Dividend Achievers ETF targets 50 stocks that have increased their annual dividend payment for at least 10 years. While the market benchmark SPY has a more favorable return...
TPHD Vs. PEY: Social Screening With Higher Return But Less Income
The article discusses the financial benefits of investing in ESG (Environmental, Social, Governance) or SRI (Socially Responsible Investing) Funds, specifically the Timothy Plan High Dividend Stock ET...
PEY Lags Market-Beating Returns Potential
Invesco High Yield Equity Dividend Achievers ETF is not a compelling investment due to the high risk of share price underperformance. PEY's portfolio contains many companies at risk of performing poor...
PEY: High Yield, Attractive Valuation, Bullish Seasonal Trends Make It A Buy
The domestic stock market is seeing more bullish participation, with sectors like Financials and Industrials playing catchup since June 1. High-yield strategies could benefit if this trend continues. ...
PEY: Should You Buy This 4.80% Dividend-Yielding ETF?
PEY holds 50 companies across all size segments that have increased dividends for ten consecutive years. I expect a 4.80% yield, and PEY has attracted $1.4 billion in AUM. A high yield is virtually gu...
PEY: Dividend Growth ETF With The Yield Of A High Dividend ETF
The expected return of stocks can be decomposed in yield, growth and change in valuation. High dividend stocks have a higher yield than dividend growth stocks, while the latter have a higher growth th...
Better High Yield ETF Buy: JEPI Vs. PEY
Income ETFs are in high demand right now thanks to rising interest rates. Both PEY and JEPI seek to appeal to income investors by offering high yields.
PEY: Mediocre Long-Term Performance Vs. Peers
Invesco High Yield Equity Dividend Achievers ETF provides exposure to the top 50 companies with the highest dividend yields that have grown their dividends annually for the past 10 years. The PEY ETF ...
Peyto Exploration & Development Corp. (PEYUF) Q3 2022 Earnings Call Transcript
Peyto Exploration & Development Corp. (OTCPK:PEYUF) Q3 2022 Earnings Conference Call November 10, 2022 11:00 AM ET Company Participants Darren Gee - CEO JP Lachance - President and COO Derick Czember ...
PEY And VYM: Both Attractive But I Prefer VYM
Income-oriented investors should take a look at both Invesco High Yield Equity Dividend Achievers ETF (PEY) and Vanguard High Dividend Yield ETF (VYM). They are both attractively valued with dividend ...
Peyto Exploration & Development Corp. (PEYUF) CEO Darren Gee on Q2 2022 Results - Earnings Call Transcript
Peyto Exploration & Development Corp. (OTCPK:PEYUF) Q2 2022 Earnings Conference Call August 11, 2022 11:00 AM ET Company Participants Darren Gee - CEO JP Lachance - President and COO Kathy Turgeon - C...
PEY: Why Its 4% Yield May Not Be Worth It
PEY consistently yields at least 4% and pays monthly, with the main drawback being a 0.53% expense ratio. AUM is $1.30 billion, and PEY's track record is fairly strong. Distributions can become dilute...
Dividend ETFs In The Spotlight
Some dividend-focused funds are notching positive returns while the broad market struggles.
PEY: Resisting The Market Downturn
PEY is a dividend growth ETF with a 4% yield. It is heavy in utilities, financials and consumer staples.
PEY: Steady Double-Digit Total Return Over A Longer Time Horizon
PEY's annual yield has consistently ranged between 3 and 4 percent.
PEY: A Quality ETF But A Peer Underperformer
Though I am bullish on the Invesco High Yield Equity Dividend Achievers ETF, investors should know that its peer, the Vanguard High Dividend Yield ETF, has outperformed it substantially. However, PEY ...
PEY: Slow Growth And Riskier Than It Seems, But The 4% Yield May Keep You Happy
PEY has ventured into deep-value territory, and it's no longer appropriate to recommend a highly concentrated, expensive ETF with such low growth prospects. Investors can expect to earn about a 4% yie...