Invesco CurrencyShares Canadian Dollar Trust (FXC) Plans Dividend Increase – $0.05 Per Share

Invesco CurrencyShares Canadian Dollar Trust (NYSEARCA:FXC) declared a monthly dividend on Friday, February 1st, Wall Street Journal reports. Investors of record on Monday, February 4th will be given a dividend of 0.0511 per share by the exchange traded fund on Friday, February 8th. This represents a $0.61 annualized dividend and a dividend yield of 0.81%. The ex-dividend date of this dividend is Friday, February 1st. This is a positive change from Invesco CurrencyShares Canadian Dollar Trust’s previous monthly dividend of $0.03.

FXC traded up $0.15 during midday trading on Friday, hitting $75.31. 37,722 shares of the company were exchanged, compared to its average volume of 39,351. Invesco CurrencyShares Canadian Dollar Trust has a 1-year low of $72.19 and a 1-year high of $79.85.

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Invesco CurrencyShares Canadian Dollar Trust Company Profile

Guggenheim CurrencyShares Canadian Dollar Trust, formerly CurrencyShares Canadian Dollar Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Canadian dollars and distributes Canadian dollars in connection with the redemption of Baskets.

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Dividend History for Invesco CurrencyShares Canadian Dollar Trust (NYSEARCA:FXC)

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