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.

COPYRIGHT VIOLATION NOTICE: “Invesco Variable Rate Preferred ETF (VRP) Increases Dividend to $0.12 Per Share” was originally posted by Watch List News and is the property of of Watch List News. If you are reading this report on another domain, it was copied illegally and republished in violation of US and international copyright & trademark legislation. The legal version of this report can be accessed at https://www.watchlistnews.com/invesco-variable-rate-preferred-etf-vrp-increases-dividend-to-0-12-per-share/3017625.html.

Further Reading: Why are analyst ratings important in trading stocks?

Dividend History for Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Receive News & Ratings for Invesco Variable Rate Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Variable Rate Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter.