Invesco Aerospace & Defense ETF declares quarterly distribution of $0.3120
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 23 2024
0mins
Source: SeekingAlpha
Dividend Announcement: Invesco Aerospace & Defense ETF (PPA) declared a dividend of $0.3120, payable on December 27 to shareholders of record as of December 23, with an ex-dividend date also on December 23.
NATO Defense Spending Discussions: European NATO members are considering a 3% defense spending target in light of potential changes in U.S. leadership, as Trump has indicated he may consider exiting NATO if member countries do not meet their financial obligations.
Analyst Views on PPA
Wall Street analysts forecast PPA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PPA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 178.480
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Current: 178.480
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
