Invesco Aerospace & Defense ETF Announces Quarterly Dividend of $0.4787 per Share
The Invesco Aerospace & Defense ETF (PPA) has declared a quarterly dividend of $0.4787 per share, with the ex-dividend date set for September 21 and payment scheduled for September 25. The fund's 30-Day SEC yield is currently reported at 0.22% as of September 18. The announcement comes amid broader macroeconomic discussions around defense spending and geopolitical developments in aerospace, including a $1.5 trillion U.S. defense budget and international collaborations such as Canada-France space partnerships. These factors may influence investor sentiment toward the sector. While PPA's dividend reflects ongoing returns for shareholders, its yield remains relatively low compared to other market segments.
Tickers: $PPA
Topics: aerospace & defense dividend etf