Invesco Municipal Trust Announces Monthly Dividend of $0.06 (VKQ)
Invesco Municipal Trust (NYSE:VKQ) announced a monthly dividend on Tuesday, September 5th, Wall Street Journal reports. Investors of record on Wednesday, September 13th will be given a dividend of 0.0591 per share by the investment management company on Friday, September 29th. This represents a $0.71 dividend on an annualized basis and a yield of 5.49%. The ex-dividend date of this dividend is Tuesday, September 12th.
Invesco Municipal Trust has decreased its dividend by an average of 5.5% per year over the last three years.
Invesco Municipal Trust (NYSE VKQ) remained flat at $12.92 during mid-day trading on Wednesday. The company had a trading volume of 47,268 shares. The stock’s 50 day moving average price is $12.91 and its 200-day moving average price is $12.70. Invesco Municipal Trust has a 12-month low of $11.89 and a 12-month high of $14.09.
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Invesco Municipal Trust Company Profile
Invesco Municipal Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital. The Trust invests approximately 80% of its assets in municipal securities rated investment grade at the time of investment.
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