Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) Increases Dividend to $0.21 Per Share

Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) announced a dividend on Friday, November 15th,NASDAQ Dividends reports. Shareholders of record on Monday, November 18th will be given a dividend of 0.2113 per share on Friday, November 22nd. The ex-dividend date of this dividend is Monday, November 18th. This is a positive change from Invesco S&P 500 BuyWrite ETF’s previous dividend of $0.19.

Invesco S&P 500 BuyWrite ETF Price Performance

Shares of PBP stock traded down $0.13 during mid-day trading on Friday, hitting $23.16. The company had a trading volume of 43,559 shares, compared to its average volume of 19,852. The company has a market capitalization of $103.06 million, a P/E ratio of 21.31 and a beta of 0.45. The stock’s 50 day moving average price is $22.89 and its 200-day moving average price is $22.45. Invesco S&P 500 BuyWrite ETF has a 52-week low of $21.03 and a 52-week high of $23.34.

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.