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

Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) declared a monthly dividend on Monday, May 18th, NASDAQ Dividends reports. Stockholders of record on Monday, May 18th will be paid a dividend of 0.0937 per share on Friday, May 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Monday, May 18th. This is a 7.9% increase from Invesco Variable Rate Investment Grade ETF’s previous monthly dividend of $0.09.

Invesco Variable Rate Investment Grade ETF Price Performance

Shares of NASDAQ VRIG traded down $0.10 during trading hours on Monday, reaching $25.03. 742,973 shares of the stock were exchanged, compared to its average volume of 446,454. Invesco Variable Rate Investment Grade ETF has a 52 week low of $24.98 and a 52 week high of $25.18. The stock’s fifty day simple moving average is $25.07 and its 200 day simple moving average is $25.10.

Invesco Variable Rate Investment Grade ETF Company Profile

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.