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

Invesco KBW Bank ETF (NASDAQ:KBWB) declared a dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Monday, March 24th will be paid a dividend of 0.4118 per share on Friday, March 28th. The ex-dividend date 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

KBWB opened at $64.95 on Wednesday. The company has a market capitalization of $3.88 billion, a price-to-earnings ratio of 13.06 and a beta of 1.18. The business’s 50-day moving average price is $67.93 and its two-hundred day moving average price is $65.50. Invesco KBW Bank ETF has a 1 year low of $49.32 and a 1 year high of $72.39.

About Invesco KBW Bank ETF

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.