Invesco KBW Bank ETF (NASDAQ:KBWB) Declares Dividend Increase – $0.41 Per Share

Invesco KBW Bank ETF (NASDAQ:KBWB) declared a dividend on Monday, March 24th, NASDAQ Dividends reports. Investors of record on Monday, March 24th will be given a dividend of 0.4118 per share on Friday, March 28th. The ex-dividend date of this dividend is Monday, March 24th. This is a 14.4% increase from Invesco KBW Bank ETF’s previous dividend of $0.36.

Invesco KBW Bank ETF Price Performance

NASDAQ:KBWB opened at $64.67 on Tuesday. The company has a market capitalization of $3.12 billion, a P/E ratio of 12.76 and a beta of 1.19. The business has a fifty day simple moving average of $67.96 and a two-hundred day simple moving average of $65.44. Invesco KBW Bank ETF has a 1 year low of $49.32 and a 1 year high of $72.39.

Invesco KBW Bank ETF Company Profile

The Invesco KBW Bank ETF (KBWB) is an exchange-traded fund that is based on the KBW Nasdaq Bank index, a modified market-cap-weighted index of US banking firms. KBWB was launched on Nov 1, 2011 and is managed by Invesco.