Invesco Income Growth Trust plc (LON:IVI) Increases Dividend to GBX 4.20 Per Share
Invesco Income Growth Trust plc (LON:IVI) announced a dividend on Thursday, June 20th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 27th will be given a dividend of GBX 4.20 ($0.05) per share on Friday, July 26th. This represents a dividend yield of 1.55%. The ex-dividend date is Thursday, June 27th. This is a boost from Invesco Income Growth Trust’s previous dividend of $2.45. The official announcement can be seen at this link.
Shares of IVI traded up GBX 0.47 ($0.01) during mid-day trading on Wednesday, hitting GBX 273.47 ($3.57). 24,583 shares of the company traded hands, compared to its average volume of 76,858. Invesco Income Growth Trust has a one year low of GBX 3.07 ($0.04) and a one year high of GBX 294 ($3.84). The business has a 50-day simple moving average of GBX 257.80. The stock has a market capitalization of $160.12 million and a PE ratio of 40.82.
In other Invesco Income Growth Trust news, insider Tim Woodhead acquired 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 16th. The shares were acquired at an average cost of GBX 274 ($3.58) per share, for a total transaction of £5,480 ($7,160.59). Also, insider Hugh J. Twiss acquired 5,000 shares of the business’s stock in a transaction that occurred on Friday, May 3rd. The stock was acquired at an average price of GBX 273 ($3.57) per share, for a total transaction of £13,650 ($17,836.14).
Invesco Income Growth Trust plc is a close-ended equity mutual fund launched and managed by Invesco Fund Managers Limited. It is co-managed by INVESCO Asset Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.
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