Invesco CurrencyShares Euro Trust Announces Monthly Dividend of $0.07 (NYSEARCA:FXE)

Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) announced a monthly dividend on Tuesday, March 31st. Stockholders of record on Wednesday, April 1st will be paid a dividend of 0.065 per share by the exchange traded fund on Wednesday, April 8th. This represents a c) dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, April 1st.

Invesco CurrencyShares Euro Trust Price Performance

FXE stock opened at $106.69 on Wednesday. Invesco CurrencyShares Euro Trust has a 12 month low of $99.53 and a 12 month high of $111.54. The firm’s 50-day moving average is $108.13 and its 200 day moving average is $107.78. The company has a market capitalization of $458.77 million, a PE ratio of -92.16 and a beta of 0.18.

Invesco CurrencyShares Euro Trust Company Profile

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