Exploring PBP Dividend Information for April 2024: Analyzing Dividend Yield, Dates, and Historical Data

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PBP - Market Position

Ticker Symbol Product Type Asset Class Strategy Payment Frequency Geographic Focus Expense Ratio Sponsor
PBP ETF Equity Dividend ETF High Dividend Yield Quarterly US
0.33% Capital Group

PBP Overview - The Invesco S&P 500 BuyWrite ETF

The Invesco S&P 500 BuyWrite ETF (PBP) is an exchange-traded fund designed to generate income while potentially providing capital growth. Managed actively, PBP aims to exceed the average yield on U.S. stocks while maintaining the potential for long-term appreciation. It primarily invests in equity securities of companies with market capitalizations exceeding $4.0 billion, focusing on dividend-paying stocks of established U.S. companies.

PBP employs a fundamental approach to identify attractively valued companies with the potential for consistent dividend growth. The fund’s portfolio is segmented and managed by individual managers, enabling diversification and strategic investment decisions.

As of May 9, 2024, PBP had an average yield of 5.2%. Investors can track PBP's performance, including its stock price and dividend history, through various platforms such as Morningstar and TipRanks.

While past performance does not guarantee future results, PBP's investment strategy may appeal to investors seeking income that surpasses the average yield of the broader market, along with the potential for sustained principal growth.

PBP - Price / Yield

PBP - Portfolio and Asset Allocation

The Invesco S&P 500 BuyWrite ETF (PBP) is a fund focusing on large-cap, dividend-paying stocks across various sectors. The top 10 holdings reveal a mix of companies from different industries, such as technology (Microsoft Corp., Nvidia Corporation), healthcare (Eli Lilly And Company), consumer cyclical (Amazon.Com, Inc.), and communication services (Meta Platforms, Inc., Alphabet Inc. Class A, Alphabet Inc. Class C).

The asset allocation further reinforces the fund's diversification strategy, with investments spread across multiple sectors. Technology (30.55%) makes up the largest allocation, followed by financial (12.55%), healthcare (12.13%), consumer cyclical (11.44%), and communication services (9.31%). This sector distribution suggests that the fund managers seek to balance income generation and growth potential while managing risk through exposure to a variety of industries.

The presence of companies like Microsoft Corp., Nvidia Corporation, and Eli Lilly And Company among the top holdings indicates a focus on established, dividend-paying companies with strong market positions. These companies often have a history of consistent dividend payouts and are generally considered to be more stable investments.

However, it's important to note that the fund also has exposure to sectors like consumer cyclical and energy, which can be more volatile and sensitive to market conditions. Nonetheless, the relatively lower allocations to these sectors suggest that the fund managers are cautious about overexposure to potentially risky areas.

Top 10 Holdings

As of May 06, 2024, the top 10 holdings of the Invesco S&P 500 BuyWrite ETF (PBP) are:

Name Weight
Microsoft Corp. 7.25%
Apple Inc 6.31%
Nvidia Corporation 5.33%
Amazon.Com, Inc. 4.12%
Meta Platforms, Inc. 2.46%
Alphabet Inc. Class A 2.41%
Alphabet Inc. Class C 2.03%
Berkshire Hathaway B 1.76%
Eli Lilly And Company 1.48%
Broadcom Inc. 1.37%

Asset Allocation

The Invesco S&P 500 BuyWrite ETF (PBP) has the following asset allocation as of May 06, 2024:

Sector Weight
Technology 30.55%
Financial 12.55%
Healthcare 12.13%
Consumer Cyclical 11.44%
Communication Services 9.31%
Industrials 8.27%
Consumer Defensive 4.88%
Energy 3.95%
Utilities 2.36%
Basic Materials 2.23%
Real Estate 2.18%
General 0.16%

Dividend Yield and Distribution History

Section Details

PBP Dividend Data

The Invesco S&P 500 BuyWrite ETF (PBP) pays quarterly dividends. The most recent ex-dividend date was on April 22, 2024, with a dividend payment of $0.1751 per share on April 26, 2024.

PBP Dividend Yield

As of the latest available date, the 30-day SEC yield for PBP is 9.40%. This means that for every $100 invested in the fund, investors would receive $9.40 in dividends per year, assuming the yield remains constant.

PBP Dividend History

PBP has a history of paying quarterly dividends. The dividend payments may fluctuate based on the performance of the underlying dividend-paying stocks held by the fund.

PBP Dividend Growth

PBP's dividend payments are dependent on the dividend growth and performance of the underlying stocks in the fund's portfolio. The fund's investment strategy focuses on companies with a history of consistent dividend growth, which may contribute to increasing dividend payments over time. However, dividend growth is not guaranteed.

PBP Dividend Stability

PBP aims to provide a relatively stable income stream by investing in high-quality, dividend-paying stocks of larger U.S. companies. However, the dividend payments are not guaranteed and may be affected by changes in market conditions or the performance of the underlying stocks in the fund's portfolio.

PBP - Chart

PBP - Comparative Analysis

Let's compare PBP with prominent competitors, focusing on key aspects like performance, fees, and strategy: (as of May 2024)

Investment Focus Covered call strategy on the S&P 500 index Covered call strategy on the S&P 500 index Options overlay strategy on various asset classes
Current Yield 6.00% 5.80% 7.28%
Expense Ratio 0.65% 0.65% 0.68%
Investment Strategy Tracks S&P 500 while employing covered call strategy Tracks S&P 500 while employing covered call strategy Uses options overlay strategy on various assets
Strengths Income generation, potential for reduced volatility Income generation, potential for reduced volatility Income generation, downside risk management
Weaknesses Higher expense ratio, potentially limited capital appreciation Higher expense ratio, potentially limited capital appreciation Potential for lower returns during strong market rallies

Dividend History (Last 5 distributions)

Ex-Dividend Date Cash Amount Record Date Pay Date
Apr 22, 2024 $0.17 Apr 23, 2024 Apr 26, 2024
Mar 18, 2024 $0.18 Mar 19, 2024 Mar 22, 2024
Feb 20, 2024 $0.17 Feb 21, 2024 Feb 23, 2024
Jan 22, 2024 $0.15 Jan 23, 2024 Jan 26, 2024
Dec 18, 2023 $0.16 Dec 19, 2023 Dec 22, 2023


Technical Analysis

Additional Information and Risks

When considering investing in the PBP fund, it's crucial to explore the depth view into PBP dividend information, including PBP dividend history and historical dividend data. Understanding the stock dividend history of PBP provides insights into its dividend payout and dividend payment trends over time.

Investors seeking a per-share dividend analysis can utilize tools like YCharts to track PBP's dividend performance. It's essential to keep abreast of news and latest developments related to PBP's dividend yield and payment date, ensuring informed trading decisions.

PBP's dividend payout ratio and expense structure impact its investment profile and shareholder returns. Comparing PBP's performance to the Invesco S&P 500 BuyWrite ETF and other benchmark funds provides context on its business model and fundamental status.

Analyzing PBP's historical data from 2007 sheds light on its dividends paid and earnings trajectory. Investors should therefore consider PBP's previous dividend performance and earnings growth when evaluating its investment potential.

In conclusion, while PBP offers potential for higher returns, investors should consider its expense structure, dividend track record, and market dynamics. Always consult with a financial advisor and conduct thorough research before making any investment decisions.