Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) Plans Dividend Increase – $0.22 Per Share

Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) declared a dividend on Friday, January 17th,NASDAQ Dividends reports. Stockholders of record on Tuesday, January 21st will be paid a dividend of 0.2156 per share on Friday, January 24th. The ex-dividend date of this dividend is Tuesday, January 21st. This is a positive change from Invesco S&P 500 BuyWrite ETF’s previous dividend of $0.20.

Invesco S&P 500 BuyWrite ETF Stock Performance

Shares of NYSEARCA:PBP remained flat at $23.90 on Friday. 105,603 shares of the stock were exchanged, compared to its average volume of 78,855. Invesco S&P 500 BuyWrite ETF has a fifty-two week low of $21.04 and a fifty-two week high of $24.04. The company has a market capitalization of $106.36 million, a price-to-earnings ratio of 21.31 and a beta of 0.45. The stock’s fifty day simple moving average is $23.43 and its 200-day simple moving average is $22.86.

Invesco S&P 500 BuyWrite ETF Company Profile

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.