Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) Declares Monthly Dividend of $0.07

by · The Markets Daily

Invesco CurrencyShares Euro Trust (NYSEARCA:FXE – Get Free Report) declared a monthly dividend on Wednesday, December 31st. Shareholders of record on Friday, January 2nd will be given a dividend of 0.0661 per share by the exchange traded fund on Thursday, January 8th. This represents a c) dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, January 2nd. This is a 5.3% increase from Invesco CurrencyShares Euro Trust’s previous monthly dividend of $0.06.

Invesco CurrencyShares Euro Trust Trading Up 0.1%

Shares of NYSEARCA:FXE opened at $108.46 on Friday. The company has a 50-day moving average price of $107.40 and a 200-day moving average price of $107.58. The company has a market cap of $466.38 million, a price-to-earnings ratio of -92.16 and a beta of 0.18. Invesco CurrencyShares Euro Trust has a 12 month low of $94.08 and a 12 month high of $110.01.

About Invesco CurrencyShares Euro Trust

(Get Free Report)

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

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