Invesco Variable Rate Preferred ETF (VRP) Increases Dividend to $0.12 Per Share
Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) declared a monthly dividend on Monday, May 20th, Wall Street Journal reports. Shareholders of record on Tuesday, May 21st will be given a dividend of 0.1168 per share on Friday, May 31st. This represents a $1.40 annualized dividend and a yield of 5.67%. The ex-dividend date of this dividend is Monday, May 20th. This is a boost from Invesco Variable Rate Preferred ETF’s previous monthly dividend of $0.11.
VRP stock opened at $24.70 on Tuesday. Invesco Variable Rate Preferred ETF has a 52 week low of $22.26 and a 52 week high of $25.30.
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