Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) Declares Dividend Increase – $0.24 Per Share

Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) declared a monthly dividend on Wednesday, December 31st. Shareholders of record on Friday, January 2nd will be paid a dividend of 0.2389 per share by the exchange traded fund on Thursday, January 8th. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, January 2nd. This is a 1.2% increase from Invesco CurrencyShares British Pound Sterling Trust’s previous monthly dividend of $0.24.

Invesco CurrencyShares British Pound Sterling Trust Trading Up 0.2%

NYSEARCA:FXB opened at $129.75 on Friday. Invesco CurrencyShares British Pound Sterling Trust has a fifty-two week low of $116.74 and a fifty-two week high of $132.44. The stock has a fifty day moving average price of $127.66 and a 200-day moving average price of $128.92.

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.