Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) to Issue Dividend Increase – $0.13 Per Share

Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) announced a dividend on Monday, December 23rd,NASDAQ Dividends reports. Investors of record on Monday, December 23rd will be given a dividend of 0.1325 per share on Friday, December 27th. The ex-dividend date of this dividend is Monday, December 23rd. This is a boost from Invesco Variable Rate Investment Grade ETF’s previous dividend of $0.12.

Invesco Variable Rate Investment Grade ETF Price Performance

VRIG traded down $0.12 during midday trading on Monday, hitting $25.08. 271,342 shares of the company traded hands, compared to its average volume of 288,874. The company’s 50-day moving average is $25.13 and its 200 day moving average is $25.13. Invesco Variable Rate Investment Grade ETF has a 52 week low of $24.94 and a 52 week high of $25.24.

About Invesco Variable Rate Investment Grade ETF

The Invesco Variable Rate Investment Grade ETF (VRIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed fund that primarily invests in USD-denominated investment-grade floating-rate securities, but can hold up to 20% in non-investment-grade securities.