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

Invesco Municipal Strategic Income ETF (BATS:IMSI) announced a dividend on Friday, February 21st, NASDAQ Dividends reports. Stockholders of record on Monday, February 24th will be given a dividend of 0.1701 per share on Friday, February 28th. The ex-dividend date of this dividend is Monday, February 24th. This is a positive change from Invesco Municipal Strategic Income ETF’s previous dividend of $0.17.

Invesco Municipal Strategic Income ETF Stock Up 0.4 %

Shares of BATS IMSI traded up $0.23 during midday trading on Friday, hitting $51.53. 251 shares of the company’s stock traded hands. The company has a 50-day moving average price of $51.19 and a two-hundred day moving average price of $51.38.

Invesco Municipal Strategic Income ETF Company Profile

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.