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. Shareholders of record on Monday, November 18th will be paid a dividend of 0.2113 per share on Friday, November 22nd. The ex-dividend date 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 Invesco S&P 500 BuyWrite ETF stock traded down $0.13 during 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 company has a market cap of $103.06 million, a price-to-earnings ratio of 21.31 and a beta of 0.45. The firm’s 50-day moving average is $22.89 and its two-hundred day moving average is $22.45. Invesco S&P 500 BuyWrite ETF has a 52-week low of $21.03 and a 52-week high of $23.34.

About Invesco S&P 500 BuyWrite ETF

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.