Invesco S&P 500 Top 50 ETF (XLG) Increases Dividend to $1.03 Per Share

Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) announced a quarterly dividend on Monday, September 24th, Wall Street Journal reports. Stockholders of record on Tuesday, September 25th will be given a dividend of 1.026 per share on Friday, September 28th. This represents a $4.10 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date is Monday, September 24th. This is an increase from Invesco S&P 500 Top 50 ETF’s previous quarterly dividend of $1.00.

XLG opened at $209.01 on Tuesday. Invesco S&P 500 Top 50 ETF has a one year low of $175.79 and a one year high of $211.83.

About Invesco S&P 500 Top 50 ETF

Guggenheim Russell Top 50 Mega Cap ETF (the Fund), formerly Rydex Russell Top 50 ETF, seeks to replicate as closely as possible the performance of the Russell Top 50 Index (the Index). The Index is an unmanaged capitalization-weighted index consisting of the 50 largest companies in the Russell 3000 Index.

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