Invesco CurrencyShares British Pound Sterling Trust Plans Monthly Dividend of $0.22 (NYSEARCA:FXB)

Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) declared a monthly dividend on Thursday, April 30th. Investors of record on Friday, May 1st will be given a dividend of 0.221 per share by the exchange traded fund on Thursday, May 7th. This represents a c) dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, May 1st.

Invesco CurrencyShares British Pound Sterling Trust Price Performance

Shares of FXB stock traded down $0.38 during trading hours on Friday, reaching $130.50. 36,835 shares of the stock were exchanged, compared to its average volume of 20,032. Invesco CurrencyShares British Pound Sterling Trust has a 12-month low of $125.02 and a 12-month high of $133.11. The company’s 50-day moving average price is $128.96 and its 200-day moving average price is $128.83.

Invesco CurrencyShares British Pound Sterling Trust Company Profile

Guggenheim CurrencyShares British Pound Sterling Trust, formerly CurrencyShares British Pound Sterling Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of British Pound Sterling and distributes British Pound Sterling in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of British Pound Sterling plus accrued interest. The Shares are intended to offer investors an opportunity to participate in the market for the British Pound Sterling through an investment in securities.