Invesco Taxable Municipal Bond ETF (BAB) Plans Dividend Increase – $0.11 Per Share

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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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About Invesco Taxable Municipal Bond ETF

PowerShares Build America Bond Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called The BofA Merrill Lynch Build America Bond Index (the Index). The Fund will normally invests at least 80% of its total assets in the securities that comprise the Index.

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Dividend History for Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

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