Invesco CurrencyShares Australian Dollar Trust (FXA) to Issue Monthly Dividend of $0.08 on May 7th

Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA) declared a monthly dividend on Thursday, April 30th. Stockholders of record on Friday, May 1st will be given a dividend of 0.0786 per share by the exchange traded fund on Thursday, May 7th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, May 1st.

Invesco CurrencyShares Australian Dollar Trust Stock Performance

FXA opened at $71.31 on Friday. The company has a fifty day moving average price of $69.92 and a 200-day moving average price of $67.51. Invesco CurrencyShares Australian Dollar Trust has a one year low of $62.97 and a one year high of $71.51.

Invesco CurrencyShares Australian Dollar Trust Company Profile

Guggenheim CurrencyShares Australian Dollar Trust, formerly The CurrencyShares Australian Dollar Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Australian Dollars and distributes Australian Dollars in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of Australian Dollars plus accrued interest, if any, less the expenses of the Trust’s operations. The Shares are intended to offer investors an opportunity to participate in the market for the Australian Dollar through an investment in securities.