Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) Announces $0.18 Monthly Dividend

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

Invesco S&P 500 BuyWrite ETF Price Performance

Shares of PBP stock opened at $23.06 on Friday. The company has a market cap of $311.31 million, a price-to-earnings ratio of 25.96 and a beta of 0.53. Invesco S&P 500 BuyWrite ETF has a 1 year low of $19.41 and a 1 year high of $24.27. The firm has a fifty day moving average price of $22.66 and a 200-day moving average price 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.