- Invesco's S&P 500 ex-Rate Sensitive Low Volatility ETF (XRLV, Financial) announces quarterly dividend.
- Eligible shareholders must be on record by April 21 to receive the dividend.
- Dividend of $0.0959 per share payable on April 25.
Invesco's Strategic Dividend Declaration
Invesco's S&P 500 ex-Rate Sensitive Low Volatility ETF (XRLV) has declared a quarterly dividend, signaling a robust commitment to returning value to its shareholders. This dividend, amounting to $0.0959 per share, underscores the ETF's stable performance and low volatility strategy.
Key Dates for Shareholders
Shareholders keen on receiving this dividend should be aware of critical upcoming dates. The eligibility hinges on being a shareholder on record by April 21. The ex-dividend date, also set for April 21, marks the deadline for investors to hold the shares to qualify for the dividend. The payment date is scheduled for April 25, when the dividend will be disbursed to eligible investors.
Investment Insights
This dividend announcement from XRLV is a noteworthy event for investors seeking exposure to large-cap U.S. equities with reduced sensitivity to interest rates. By focusing on low volatility, Invesco aims to provide investors a smoother ride in turbulent markets while maintaining competitive returns.
