Invesco S&P 500 BuyWrite ETF (PBP) to Issue Monthly Dividend of $0.18 on December 26th

Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) announced a monthly dividend on Tuesday, January 14th. Shareholders of record on Monday, December 22nd will be given a dividend of 0.18 per share on Friday, December 26th. This represents a c) dividend on an annualized basis and a yield of 9.4%. The ex-dividend date is Monday, December 22nd.

Invesco S&P 500 BuyWrite ETF Stock Performance

Shares of NYSEARCA PBP traded up $0.12 during midday trading on Friday, hitting $23.06. 42,532 shares of the stock traded hands, compared to its average volume of 55,082. The firm has a market capitalization of $311.31 million, a P/E ratio of 25.96 and a beta of 0.53. Invesco S&P 500 BuyWrite ETF has a one year low of $19.41 and a one year high of $24.27. The firm has a 50-day moving average of $22.66 and a two-hundred day moving average of $22.24.

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.