Guggenheim CurrencyShares Australian (NYSEARCA:FXA) announced a monthly dividend on Monday, April 2nd, Wall Street Journal reports. Shareholders of record on Tuesday, April 3rd will be paid a dividend of 0.056 per share by the exchange traded fund on Monday, April 9th. This represents a $0.67 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date of this dividend is Monday, April 2nd. This is a boost from Guggenheim CurrencyShares Australian’s previous monthly dividend of $0.05.
FXA stock traded down $0.25 during trading on Monday, reaching $76.58. The company’s stock had a trading volume of 35,309 shares, compared to its average volume of 29,411. Guggenheim CurrencyShares Australian has a 1 year low of $73.37 and a 1 year high of $81.36.
About Guggenheim CurrencyShares Australian
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.
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