Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA) Plans $0.08 Monthly Dividend

Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA) declared a monthly dividend on Thursday, April 30th. Shareholders of record on Friday, May 1st will be paid a dividend of 0.0786 per share by the exchange traded fund on Thursday, May 7th. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Friday, May 1st.

Invesco CurrencyShares Australian Dollar Trust Trading Up 0.0%

FXA stock traded up $0.02 during midday trading on Friday, hitting $71.37. 12,276 shares of the company traded hands, compared to its average volume of 26,662. Invesco CurrencyShares Australian Dollar Trust has a twelve month low of $62.97 and a twelve month high of $71.51. The business has a 50 day simple moving average of $69.92 and a 200-day simple moving average of $67.51.

Invesco CurrencyShares Australian Dollar Trust Company Profile

Guggenheim CurrencyShares Australian Dollar Trust, formerly The CurrencyShares Australian Dollar Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Australian Dollars and distributes Australian Dollars in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of Australian Dollars plus accrued interest, if any, less the expenses of the Trust’s operations. The Shares are intended to offer investors an opportunity to participate in the market for the Australian Dollar through an investment in securities.