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PZA Dividend

Invesco National AMT-Free Municipal Bond ETF

AMEXFinancial ServicesETFData as of
Dividend yield
3.74%
Annual dividend
$0.86
Payout ratio
—
Frequency
Monthly
Share price
$23.06
Market cap
$4.3B

Is PZA a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

  • Yield is above the market median3.74% against a median of 2.78% across US dividend payers.
  • Payout ratio does not applyThis is a fund. It distributes income received from its holdings rather than paying out of its own earnings, so a payout ratio is not a meaningful measure.
  • Dividend has been cut 10 timesAcross 19 complete years, the annual total fell in 2020, 2021, 2022 and earlier. The most recent reduction was in 2022.
  • Raised for 3 consecutive yearsDerived from split-adjusted payment history and approximate; treat it as a relative signal rather than a certified record.
  • Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.

PZA dividend history

Annual dividend per share, 2007 to 2025.

200720112015201920232025
Peak $1.11 in 2011Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for PZA, most recent first.
Ex-dividend datePay dateAmountType
$0.0753Monthly
$0.0731Monthly
$0.0733Monthly
$0.0723Monthly
$0.0705Monthly
$0.0677Monthly
$0.0731Monthly
$0.0795Monthly
$0.0712Monthly
$0.0697Monthly
$0.0677Monthly
$0.0690Monthly
$0.0692Monthly
$0.0673Monthly
$0.0680Monthly
$0.0666Monthly
$0.0662Monthly
$0.0629Monthly
$0.0650Monthly
$0.0641Monthly
$0.0619Monthly
$0.0648Monthly
$0.0648Monthly
$0.0616Monthly
$0.0673Monthly
$0.0661Monthly
$0.0636Monthly
$0.0632Monthly
$0.0633Monthly
$0.0587Monthly
$0.0618Monthly
$0.0640Monthly
$0.0622Monthly
$0.0583Monthly
$0.0540Monthly
$0.0598Monthly
$0.0590Monthly
$0.0587Monthly
$0.0585Monthly
$0.0585Monthly

How much would PZA pay you?

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PZA appears in

Frequently asked questions

Does PZA pay a dividend?
Yes. Invesco National AMT-Free Municipal Bond ETF pays a monthly dividend, currently yielding 3.74% based on trailing twelve-month payments of $0.86 per share.
How much does PZA pay in dividends?
$0.86 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next PZA ex-dividend date?
No upcoming ex-dividend date is currently on record for PZA. Dates appear here once the company declares them.