Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA) Raises Dividend to $0.05 Per Share

by · The Cerbat Gem

Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA – Get Free Report) announced a monthly dividend on Wednesday, December 31st. Investors of record on Friday, January 2nd will be given a dividend of 0.0524 per share by the exchange traded fund on Thursday, January 8th. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, January 2nd. This is a 5.0% increase from Invesco CurrencyShares Australian Dollar Trust’s previous monthly dividend of $0.05.

Invesco CurrencyShares Australian Dollar Trust Stock Down 0.3%

Shares of Invesco CurrencyShares Australian Dollar Trust stock opened at $66.10 on Friday. Invesco CurrencyShares Australian Dollar Trust has a 12-month low of $58.90 and a 12-month high of $66.61. The stock has a 50 day moving average price of $65.15 and a two-hundred day moving average price of $64.87.

About Invesco CurrencyShares Australian Dollar Trust

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Guggenheim CurrencyShares Australian Dollar Trust, formerly The CurrencyShares Australian Dollar Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Australian Dollars and distributes Australian Dollars in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of Australian Dollars plus accrued interest, if any, less the expenses of the Trust’s operations. The Shares are intended to offer investors an opportunity to participate in the market for the Australian Dollar through an investment in securities.

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