Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Announces Dividend Increase – $0.05 Per Share

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) announced a monthly dividend on Monday, May 18th, NASDAQ Dividends reports. Stockholders of record on Monday, May 18th will be given a dividend of 0.0545 per share on Friday, May 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, May 18th. This is a 5.1% increase from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.05.

Invesco BulletShares 2029 Municipal Bond ETF Stock Performance

Shares of BSMT traded down $0.03 during mid-day trading on Monday, reaching $22.97. The company’s stock had a trading volume of 44,844 shares, compared to its average volume of 37,915. Invesco BulletShares 2029 Municipal Bond ETF has a 1-year low of $22.51 and a 1-year high of $23.41. The business has a 50-day simple moving average of $23.11 and a two-hundred day simple moving average of $23.16.

About Invesco BulletShares 2029 Municipal Bond ETF

The Invesco BulletShares 2029 Municipal Bond ETF (BSMT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2029. BSMT was launched on Sep 25, 2019 and is managed by Invesco.