Invesco High Yield Equity Dividend Achievers ETF - PEY Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Invesco High Yield Equity Dividend Achievers ETF in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PEY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PEY, but not buy additional shares or sell existing shares.
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1 equities research analysts have issued 1 year price targets for Invesco High Yield Equity Dividend Achievers ETF's stock. Their PEY share price forecasts range from $13.00 to $13.00. On average, they anticipate the company's stock price to reach $13.00 in the next twelve months. This suggests that the stock has a possible downside of 31.3%.
View analysts price targets for PEY or view top-rated stocks among Wall Street analysts.

Invesco High Yield Equity Dividend Achievers ETF's stock was trading at $21.06 at the start of the year. Since then, PEY stock has decreased by 10.2% and is now trading at $18.91.
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Invesco High Yield Equity Dividend Achievers ETF announced a monthly dividend on Friday, September 16th. Investors of record on Tuesday, September 20th will be paid a dividend of $0.067 per share on Friday, September 23rd. This represents a $0.80 annualized dividend and a yield of 4.25%. The ex-dividend date of this dividend is Monday, September 19th. This is an increase from the stock's previous monthly dividend of $0.07.
Read our dividend analysis for PEY.

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) pays an annual dividend of $0.90 per share and currently has a dividend yield of 4.79%. PEY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for PEY.

Based on aggregate information from My MarketBeat watchlists, some companies that other Invesco High Yield Equity Dividend Achievers ETF investors own include Franco-Nevada (FNV), Zentek (ZEN), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Lockheed Martin (LMT), McDonald's (MCD), Advanced Micro Devices (AMD), American Express (AXP), Canadian Pacific Railway (CP) and Cenovus Energy (CVE).

Invesco High Yield Equity Dividend Achievers ETF trades on the NASDAQ under the ticker symbol "PEY."

Shares of PEY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PEY stock can currently be purchased for approximately $18.91.

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) has a market capitalization of $1.19 billion.

Invesco High Yield Equity Dividend Achievers ETF's mailing address is 301 West Roosevelt Road, Wheaton, 60187, United States. The official website for the company is www.invescopowershares.com. The company can be reached via phone at +1-800-9830903.