Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) Plans Dividend Increase – $0.05 Per Share

Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) declared a monthly dividend on Monday, May 18th, NASDAQ Dividends reports. Investors of record on Monday, May 18th will be paid a dividend of 0.0545 per share on Friday, May 22nd. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, May 18th. This is a 5.1% increase from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.05.

Invesco BulletShares 2029 Municipal Bond ETF Price Performance

Shares of BSMT opened at $22.97 on Tuesday. The company’s 50 day simple moving average is $23.10 and its 200 day simple moving average is $23.16. Invesco BulletShares 2029 Municipal Bond ETF has a 1 year low of $22.51 and a 1 year high of $23.41.

Invesco BulletShares 2029 Municipal Bond ETF Company Profile

The Invesco BulletShares 2029 Municipal Bond ETF (BSMT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2029. BSMT was launched on Sep 25, 2019 and is managed by Invesco.