Inside PEY’s mixed bag of future aristocrats and fading payers
Invesco High Yield Equity Dividend Achievers ETF (NYSEARCA:PEY) owns the 50 highest-yielding U.S. stocks that have raised their dividend for at least 10 straight years. PEY trades around $22 and has returned roughly 12% over the past year, but the income story is what investors are buying. The question is whether the underlying companies are ... Inside PEY’s mixed bag of future aristocrats and fading payers