Invesco High Yield Equity Dividend Achievers (PEY) Dividend
Invesco High Yield Equity Dividend Achievers (PEY) currently pays a dividend yield of 4.89%, distributing $1.12 per share annually ($0.09 per month). It is an exchange-traded fund, so its distribution reflects the dividends collected from its underlying holdings.
PEY has raised its dividend for 15 consecutive years.
PEY dividend at a glance
| Dividend Yield | 4.89% |
|---|---|
| Annual Dividend | $1.12 per share |
| Per Payment | $0.09 |
| Payout Frequency | Monthly |
| Payments per Year | 12 |
| Next Ex-Dividend Date | October 21, 2026 |
| Next Payment Date | October 23, 2026 |
| Consecutive Years of Dividend Growth | 15 |
| Type | Exchange-Traded Fund |
| Implied Share Price (from yield) | $22.82 |
What PEY pays on a $10,000 investment
At a 4.89% yield, $10,000 invested in PEY generates about $489.00 per year, or roughly $40.75 every month. Share counts below use an implied price of $22.82, derived from the $1.12 annual dividend and the 4.89% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Month |
|---|---|---|---|
| $1,000 | 43.8 | $48.90 | $4.08 |
| $5,000 | 219.1 | $244.50 | $20.38 |
| $10,000 | 438.2 | $489.00 | $40.75 |
| $25,000 | 1,095.4 | $1,222.50 | $101.88 |
| $100,000 | 4,381.7 | $4,890.00 | $407.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each month — see how the dividend snowball compounds.
PEY dividend payment schedule
PEY pays on a monthly schedule — 12 payments a year. The next confirmed ex-dividend date is October 21, 2026, with payment on October 23, 2026. Later rows are projected forward at the same interval and will shift when Invesco High Yield Equity Dividend Achievers declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| October 21, 2026 | October 23, 2026 | $0.09 | Confirmed |
| November 21, 2026 | November 23, 2026 | $0.09 | Projected |
| December 21, 2026 | December 23, 2026 | $0.09 | Projected |
| January 21, 2027 | January 23, 2027 | $0.09 | Projected |
| February 21, 2027 | February 23, 2027 | $0.09 | Projected |
| March 21, 2027 | March 23, 2027 | $0.09 | Projected |
To collect a PEY dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How PEY's dividend compares
Across the 714 dividend stocks and ETFs DivTrkr tracks, the median yield is 4.23%. PEY's 4.89% is 0.66 percentage points above that median, ranking 324th of 714 by yield.
Among the 87 dividend ETFs we track, the median yield is 5.05% — putting PEY below that group.
Its 15-year run of dividend increases ranks 106th out of the 363 names in our data with an active growth streak.
What the numbers mean
Payout ratio is not reported for PEY because it is a fund rather than an operating company — an ETF distributes the income it collects from its holdings, so there are no company earnings to measure the payout against.
PEY pays monthly, which suits investors who want dividend income to line up with monthly living expenses rather than arriving in quarterly lumps.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of fund pays them. See the qualified vs. ordinary dividend rules.
PEY dividend FAQ
When is the next PEY ex-dividend date?
The next PEY ex-dividend date is October 21, 2026, with the payment scheduled for October 23, 2026. You must own shares before the ex-dividend date to receive that payment.
What is PEY's dividend yield?
PEY currently yields 4.89%, based on $1.12 in dividends per share over the past year.
How often does PEY pay dividends?
PEY pays monthly, which works out to 12 payments per year of about $0.09 per share.
How much dividend income would $10,000 of PEY generate?
At the current 4.89% yield, $10,000 invested in PEY would produce roughly $489.00 per year, or about $40.75 per month, before taxes and assuming the dividend holds.
Has PEY increased its dividend?
Yes — PEY has raised its dividend for 15 consecutive years.
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Similar yields to PEY
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Track PEY dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.