Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) Increases Dividend to $0.23 Per Share

Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) declared a dividend on Friday, September 20th, NASDAQ reports. Shareholders of record on Monday, September 23rd will be given a dividend of 0.2265 per share on Friday, September 27th. The ex-dividend date of this dividend is Monday, September 23rd. This is a positive change from Invesco S&P 500 BuyWrite ETF’s previous dividend of $0.17.

Invesco S&P 500 BuyWrite ETF Stock Performance

PBP traded up $0.03 during midday trading on Friday, hitting $22.94. The company had a trading volume of 11,254 shares, compared to its average volume of 19,526. The firm’s 50-day simple moving average is $22.36 and its 200-day simple moving average is $22.27. Invesco S&P 500 BuyWrite ETF has a twelve month low of $20.63 and a twelve month high of $22.99. The company has a market capitalization of $102.08 million, a PE ratio of 21.31 and a beta of 0.45.

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.