Invesco CurrencyShares Canadian Dollar Trust (FXC) To Go Ex-Dividend on April 1st

Invesco CurrencyShares Canadian Dollar Trust (NYSEARCA:FXC) announced a monthly dividend on Tuesday, March 31st. Stockholders of record on Wednesday, April 1st will be given a dividend of 0.007 per share by the exchange traded fund on Wednesday, April 8th. This represents a c) annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Wednesday, April 1st. This is a 9.4% increase from Invesco CurrencyShares Canadian Dollar Trust’s previous monthly dividend of $0.0064.

Invesco CurrencyShares Canadian Dollar Trust Trading Up 0.1%

NYSEARCA:FXC opened at $70.33 on Thursday. Invesco CurrencyShares Canadian Dollar Trust has a 1-year low of $68.21 and a 1-year high of $72.47. The company’s fifty day moving average price is $71.43 and its 200-day moving average price is $70.66.

Invesco CurrencyShares Canadian Dollar Trust Company Profile

Guggenheim CurrencyShares Canadian Dollar Trust, formerly CurrencyShares Canadian Dollar Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Canadian dollars and distributes Canadian dollars in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of Canadian Dollars. The Bank of New York Mellon serves as the Trustee. The Trust’s sponsor is Rydex Specialized Products LLC, which is doing business as Rydex Investments.