INVESCO HIGH IN/COM (NYSE:IHIT) Declares Monthly Dividend of $0.05
INVESCO HIGH IN/COM (NYSE:IHIT) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.05 per share on Tuesday, December 31st. This represents a $0.60 dividend on an annualized basis and a yield of 5.71%. The ex-dividend date of this dividend is Thursday, December 12th.
Shares of NYSE:IHIT traded down $0.04 during mid-day trading on Wednesday, reaching $10.51. 13,045 shares of the company’s stock were exchanged, compared to its average volume of 42,422. The business’s fifty day moving average price is $10.54 and its 200-day moving average price is $10.46. INVESCO HIGH IN/COM has a twelve month low of $9.85 and a twelve month high of $10.90.
In other INVESCO HIGH IN/COM news, insider Robert C. Troccoli purchased 22,395 shares of the firm’s stock in a transaction on Thursday, November 7th. The stock was purchased at an average cost of $10.61 per share, for a total transaction of $237,610.95. Also, insider Robert C. Troccoli purchased 19,940 shares of the firm’s stock in a transaction on Tuesday, November 5th. The shares were acquired at an average price of $10.61 per share, with a total value of $211,563.40.
Invesco High Income 2023 Target Term Fund is a closed ended fixed income mutual fund launched and managed by Invesco Advisers, Inc The fund invests in fixed income markets of the United States. It also invests in real estate debt securities including commercial mortgage-backed securities. The fund employs fundamental analysis with bottom-up approach to create its portfolio.
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