Invesco Municipal Strategic Income ETF (BATS:IMSI) Raises Dividend to $0.17 Per Share

by · The Cerbat Gem

Invesco Municipal Strategic Income ETF (BATS:IMSIGet Free Report) announced a dividend on Friday, December 20th,NASDAQ Dividends reports. Investors of record on Monday, December 23rd will be paid a dividend of 0.1716 per share on Friday, December 27th. The ex-dividend date is Monday, December 23rd. This is a boost from Invesco Municipal Strategic Income ETF’s previous dividend of $0.17.

Invesco Municipal Strategic Income ETF Stock Performance

Shares of IMSI stock traded up $0.16 during mid-day trading on Friday, hitting $51.20. 84 shares of the stock were exchanged. The firm’s 50-day moving average price is $51.37 and its two-hundred day moving average price is $51.39.

Invesco Municipal Strategic Income ETF Company Profile

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The Invesco Municipal Strategic Income ETF (IMSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that primarily invests in municipal securities exempt from federal income taxes. It will hold low- to medium-quality municipal securities between 50-65% of its portfolio while aiming for a dollar-weighted average portfolio duration of less than 7.5 years.

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