Invesco Municipal Trust to Issue Monthly Dividend of $0.06 (VKQ)
Invesco Municipal Trust (NYSE:VKQ) declared a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, November 15th will be paid a dividend of 0.0591 per share by the investment management company on Thursday, November 30th. This represents a $0.71 annualized dividend and a dividend yield of 5.77%. The ex-dividend date of this dividend is Tuesday, November 14th.
Invesco Municipal Trust has decreased its dividend payment by an average of 5.5% annually over the last three years.
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About Invesco Municipal Trust
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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