Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) Raises Dividend to $0.21 Per Share

Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) announced a dividend on Friday, November 15th,NASDAQ Dividends reports. Stockholders of record on Monday, November 18th will be paid a dividend of 0.2113 per share on Friday, November 22nd. The ex-dividend date of this dividend is Monday, November 18th. This is an increase from Invesco S&P 500 BuyWrite ETF’s previous dividend of $0.19.

Invesco S&P 500 BuyWrite ETF Stock Down 0.6 %

Shares of NYSEARCA:PBP traded down $0.13 during midday trading on Friday, reaching $23.16. The company’s stock had a trading volume of 43,559 shares, compared to its average volume of 19,852. The firm has a market cap of $103.06 million, a price-to-earnings ratio of 21.31 and a beta of 0.45. Invesco S&P 500 BuyWrite ETF has a 1 year low of $21.03 and a 1 year high of $23.34. The business has a 50 day moving average price of $22.89 and a 200 day moving average price of $22.45.

Invesco S&P 500 BuyWrite ETF Company Profile

The Invesco S&P 500 BuyWrite ETF (PBP) is an exchange-traded fund that is based on the Cboe S&P 500 BuyWrite index. The fund tracks an index that uses a covered-call strategy to provide long exposure to the S&P 500 and selling call options thereon. PBP was launched on Dec 20, 2007 and is managed by Invesco.