Invesco Variable Rate Investment Grade ETF Plans Monthly Dividend of $0.09 (NASDAQ:VRIG)

Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) announced a monthly dividend on Monday, March 23rd, NASDAQ Dividends reports. Stockholders of record on Monday, March 23rd will be given a dividend of 0.0931 per share on Friday, March 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Monday, March 23rd.

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of Invesco Variable Rate Investment Grade ETF stock opened at $25.04 on Tuesday. Invesco Variable Rate Investment Grade ETF has a 1 year low of $24.79 and a 1 year high of $25.18. The stock has a 50-day moving average price of $25.12 and a 200 day moving average price of $25.11.

About Invesco Variable Rate Investment Grade ETF

The Invesco Variable Rate Investment Grade ETF (VRIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed fund that primarily invests in USD-denominated investment-grade floating-rate securities, but can hold up to 20% in non-investment-grade securities. VRIG was launched on Sep 22, 2016 and is managed by Invesco.