NASDAQ:PEY - PowerShares High Yield Equity Dividend Achievers Portfolio Stock Price, Price Target & More

$17.10 -0.13 (-0.75 %)
(As of 04/22/2018 04:00 PM ET)
Previous Close$17.10
Today's Range$17.06 - $17.25
52-Week Range$16.45 - $18.61
Volume172,039 shs
Average Volume206,723 shs
Market Capitalization$882.18 million
P/E RatioN/A
Dividend Yield3.60%
Beta0.85

About PowerShares High Yield Equity Dividend Achievers Portfolio (NASDAQ:PEY)

PowerShares High Yield Equity Dividend Achiever Portfolio (the Fund) is based on the Mergent Dividend Achiever 50 Index (the Index). The Fund focuses to invest at least 90% of its total assets in dividend paying common stocks, which comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends. The Funds sector allocation includes consumers discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials and telecommunication services. Invesco PowerShares Capital Management LLC serves as investment adviser the Fund.

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Basic Details

Issuer Invesco PowerShares
Fund NamePowerShares High Yield Equity Dividend Achievers Portfolio
Tax ClassificationRegulated Investment Company
SymbolNASDAQ:PEY
Inception Date12/9/2004
Fund ManagerPeter Hubbard, Michael Jeanette, Tony Seisser, Jonathan Nixon
Phone+1-800-9830903

Fund Focus

Asset ClassEquity
BenchmarkNASDAQ US Dividend Achievers 50 TR USD
CategoryStrategy
FocusHigh Dividend Yield
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$791.25 million
Average Daily Volume$156,593.00
Discount/Premium1.28%

ETF Expenses

Management Fee0.40%
Other Expenses0.14%
Total Expenses0.54%
Fee Waiver0.00%
Net Expenses0.54%

Administrator, Advisor and Custodian

AdministratorThe Bank of New York Mellon Corporation
AdvisorInvesco PowerShares Capital Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors, Inc.
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market MakerSusquehanna

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PowerShares High Yield Equity Dividend Achievers Portfolio (NASDAQ:PEY) Frequently Asked Questions

What is PowerShares High Yield Equity Dividend Achievers Portfolio's stock symbol?

PowerShares High Yield Equity Dividend Achievers Portfolio trades on the NASDAQ under the ticker symbol "PEY."

How often does PowerShares High Yield Equity Dividend Achievers Portfolio pay dividends? What is the dividend yield for PowerShares High Yield Equity Dividend Achievers Portfolio?

PowerShares High Yield Equity Dividend Achievers Portfolio announced a monthly dividend on Monday, March 19th. Shareholders of record on Tuesday, March 20th will be paid a dividend of $0.0647 per share on Thursday, March 29th. This represents a $0.78 dividend on an annualized basis and a yield of 4.54%. The ex-dividend date is Monday, March 19th. This is a positive change from PowerShares High Yield Equity Dividend Achievers Portfolio's previous monthly dividend of $0.06. View PowerShares High Yield Equity Dividend Achievers Portfolio's Dividend History.

What price target have analysts set for PEY?

1 Wall Street analysts have issued 1 year price targets for PowerShares High Yield Equity Dividend Achievers Portfolio's stock. Their forecasts range from $16.50 to $16.50. On average, they anticipate PowerShares High Yield Equity Dividend Achievers Portfolio's share price to reach $16.50 in the next year. View Analyst Ratings for PowerShares High Yield Equity Dividend Achievers Portfolio.

Who are some of PowerShares High Yield Equity Dividend Achievers Portfolio's key competitors?

Who are PowerShares High Yield Equity Dividend Achievers Portfolio's key executives?

PowerShares High Yield Equity Dividend Achievers Portfolio's management team includes the folowing people:
  • H. Bruce Bond, Chief Executive Officer, Managing Director, Trustee (Age 49)
  • Bruce T. Duncan, Chief Financial Officer, Senior Vice President - Finance (Age 60)
  • Kevin R. Gustafson, Chief Compliance Officer, General Counsel (Age 43)
  • John Southard, Managing Director, Treasurer, Trustee (Age 40)
  • Keith A Ovitt, Secretary (Age 50)
  • Ronn R. Bagge, Trustee (Age 55)
  • D. Mark McMillan, Trustee (Age 49)
  • Philip M. Nussbaum Mba, Trustee (Age 52)

Has PowerShares High Yield Equity Dividend Achievers Portfolio been receiving favorable news coverage?

Press coverage about PEY stock has trended somewhat positive on Sunday, according to Accern Sentiment. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. PowerShares High Yield Equity Dividend Achievers Portfolio earned a news sentiment score of 0.15 on Accern's scale. They also assigned news stories about the company an impact score of 45.30 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

How do I buy shares of PowerShares High Yield Equity Dividend Achievers Portfolio?

Shares of PEY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is PowerShares High Yield Equity Dividend Achievers Portfolio's stock price today?

One share of PEY stock can currently be purchased for approximately $17.10.

How big of a company is PowerShares High Yield Equity Dividend Achievers Portfolio?

PowerShares High Yield Equity Dividend Achievers Portfolio has a market capitalization of $882.18 million.

How can I contact PowerShares High Yield Equity Dividend Achievers Portfolio?

PowerShares High Yield Equity Dividend Achievers Portfolio's mailing address is 301 West Roosevelt Road, Wheaton, 60187, United States. The company can be reached via phone at +1-800-9830903.


MarketBeat Community Rating for PowerShares High Yield Equity Dividend Achievers Portfolio (PEY)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  59 (Vote Outperform)
Underperform Votes:  72 (Vote Underperform)
Total Votes:  131
MarketBeat's community ratings are surveys of what our community members think about PowerShares High Yield Equity Dividend Achievers Portfolio and other stocks. Vote "Outperform" if you believe PEY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PEY will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

PowerShares High Yield Equity Dividend Achievers Portfolio (NASDAQ:PEY) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
1 Wall Street analysts have issued ratings and price targets for PowerShares High Yield Equity Dividend Achievers Portfolio in the last 12 months. Their average twelve-month price target is $16.50, suggesting that the stock has a possible downside of 3.51%. The high price target for PEY is $16.50 and the low price target for PEY is $16.50. There are currently 1 buy rating for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyN/A
Consensus Rating Score: 3.003.003.00N/A
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $16.50$16.50$16.50N/A
Price Target Upside: 3.51% downside9.84% downside9.84% downsideN/A

PowerShares High Yield Equity Dividend Achievers Portfolio (NASDAQ:PEY) Consensus Price Target History

Price Target History for PowerShares High Yield Equity Dividend Achievers Portfolio (NASDAQ:PEY)
Show:

Earnings

Dividends

PowerShares High Yield Equity Dividend Achievers Portfolio (NASDAQ:PEY) Dividend Information

PowerShares High Yield Equity Dividend Achievers Portfolio pays an annual dividend of $0.63 per share, with a dividend yield of 3.68%. PEY's most recent monthly dividend payment was Thursday, March 29.
Most Recent Dividend:3/29/2018
Annual Dividend:$0.63
Dividend Yield:3.68%
Payout Ratio:N/A
Dividend Payments by Quarter for PowerShares High Yield Equity Dividend Achievers Portfolio (NASDAQ:PEY)

PowerShares High Yield Equity Dividend Achievers Portfolio (NASDAQ:PEY) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/19/2018monthly$0.06474.54%3/19/20183/20/20183/29/2018
2/20/2018monthly$0.064.18%2/20/20182/21/20182/28/2018
1/22/2018monthly$0.04512.93%1/22/20181/23/20181/31/2018
12/18/2017monthly$0.06704.5%12/18/201712/19/201712/29/2017
11/20/2017monthly$0.05053.52%11/20/201711/21/201711/30/2017
10/23/2017monthly$0.04903.37%10/23/201710/24/201710/31/2017
9/18/2017monthly$0.04953.47%9/18/20179/19/20179/29/2017
8/15/2017monthly$0.04903.52%8/15/20178/17/20178/30/2017
8/14/2017$0.04908/15/20178/17/20178/31/2017
7/13/2017monthly$0.053.58%7/14/20177/18/20177/31/2017
6/14/2017monthly$0.04803.39%6/15/20176/19/20176/30/2017
5/12/2017monthly$0.04703.35%5/15/20175/17/20175/31/2017
4/12/2017monthly$0.04403.14%4/13/20174/18/20174/28/2017
3/14/2017monthly$0.042.77%3/15/20173/17/20173/31/2017
2/15/2017monthly$0.03832.68%2/15/20172/17/20172/28/2017
1/13/2017monthly$0.042.83%1/13/20171/18/20171/31/2017
12/15/2016monthly$0.06694.73%12/15/201612/19/201612/30/2016
(Data available from 1/1/2013 forward)

Insider Trades

Headlines

PowerShares High Yield Equity Dividend Achievers Portfolio (NASDAQ PEY) News Headlines

Source:
DateHeadline
Meredith Enters Oversold TerritoryMeredith Enters Oversold Territory
www.nasdaq.com - April 20 at 4:38 PM
Is Dropbox Stock a Buy? Wall Street Analysts DebateIs Dropbox Stock a Buy? Wall Street Analysts Debate
www.msn.com - April 17 at 5:03 PM
Boeing Invests in Hypersonic Engines, Keeping Pace in Latest Rocket RaceBoeing Invests in Hypersonic Engines, Keeping Pace in Latest Rocket Race
www.msn.com - April 13 at 9:38 AM
Israel blamed for Syria missile strike; 14 reported killedIsrael blamed for Syria missile strike; 14 reported killed
abcnews.go.com - April 9 at 4:34 PM
The Latest: Russia says 3,000 leave Syrias DoumaThe Latest: Russia says 3,000 leave Syria's Douma
abcnews.go.com - April 9 at 4:34 PM
String of US military aircraft crashes in 2018 continues deadly trendString of US military aircraft crashes in 2018 continues deadly trend
www.foxnews.com - April 6 at 9:39 AM
PowerShares High Yld. Dividend Achv(ETF) (PEY) to Issue Monthly Dividend of $0.06PowerShares High Yld. Dividend Achv(ETF) (PEY) to Issue Monthly Dividend of $0.06
www.americanbankingnews.com - March 19 at 8:24 PM
Key Factors that Could Drive OKE’s Dividend GrowthKey Factors that Could Drive OKE’s Dividend Growth
finance.yahoo.com - March 1 at 4:57 PM
PowerShares High Yld. Dividend Achv(ETF) (PEY) Stake Lowered by Suntrust Banks Inc.PowerShares High Yld. Dividend Achv(ETF) (PEY) Stake Lowered by Suntrust Banks Inc.
www.americanbankingnews.com - February 26 at 3:42 PM
PowerShares High Yld. Dividend Achv(ETF) (PEY) Announces Dividend Increase - $0.06 Per SharePowerShares High Yld. Dividend Achv(ETF) (PEY) Announces Dividend Increase - $0.06 Per Share
www.americanbankingnews.com - February 20 at 5:28 PM
OKE’s Dividends: Key DriversOKE’s Dividends: Key Drivers
finance.yahoo.com - February 6 at 4:19 PM
PowerShares High Yld. Dividend Achv(ETF) (PEY) Announces Monthly Dividend of $0.05PowerShares High Yld. Dividend Achv(ETF) (PEY) Announces Monthly Dividend of $0.05
www.americanbankingnews.com - January 22 at 5:50 PM
PowerShares High Yld. Dividend Achv(ETF) (PEY) Earns "Buy" Rating from AltaCorp CapitalPowerShares High Yld. Dividend Achv(ETF) (PEY) Earns "Buy" Rating from AltaCorp Capital
www.americanbankingnews.com - January 16 at 1:32 PM
PowerShares High Yld. Dividend Achv(ETF) (PEY) to Issue Dividend Increase - $0.07 Per SharePowerShares High Yld. Dividend Achv(ETF) (PEY) to Issue Dividend Increase - $0.07 Per Share
www.americanbankingnews.com - December 18 at 9:04 PM
PowerShares High Yld. Dividend Achv(ETF) (PEY) Plans Dividend Increase - $0.05 Per SharePowerShares High Yld. Dividend Achv(ETF) (PEY) Plans Dividend Increase - $0.05 Per Share
www.americanbankingnews.com - November 20 at 6:26 PM

SEC Filings

PowerShares High Yield Equity Dividend Achievers Portfolio (NASDAQ:PEY) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

PowerShares High Yield Equity Dividend Achievers Portfolio (NASDAQ PEY) Stock Chart for Sunday, April, 22, 2018

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This page was last updated on 4/22/2018 by MarketBeat.com Staff

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