Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) declared a monthly dividend on Monday, May 20th, Wall Street Journal reports. Shareholders of record on Tuesday, May 21st will be given a dividend of 0.106 per share on Friday, May 31st. This represents a $1.27 annualized dividend and a yield of 4.17%. The ex-dividend date is Monday, May 20th. This is a positive change from Invesco Taxable Municipal Bond ETF’s previous monthly dividend of $0.10.
BAB traded down $0.14 during midday trading on Monday, hitting $30.55. 9,601 shares of the company traded hands, compared to its average volume of 163,026. Invesco Taxable Municipal Bond ETF has a 52 week low of $28.53 and a 52 week high of $30.73.
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