Invesco Bond Fund (NYSE:VBF) Increases Dividend to $0.07 Per Share

Invesco Bond Fund (NYSE:VBF) declared a monthly dividend on Wednesday, May 1st, Zacks reports. Stockholders of record on Thursday, May 16th will be paid a dividend of 0.07 per share by the financial services provider on Friday, May 31st. This represents a $0.84 annualized dividend and a dividend yield of 5.48%. The ex-dividend date of this dividend is Wednesday, May 15th. This is a boost from Invesco Bond Fund’s previous monthly dividend of $0.07.

Invesco Bond Fund has decreased its dividend by an average of 18.7% per year over the last three years.

Invesco Bond Fund Stock Performance

Shares of VBF stock traded up $0.12 during trading on Friday, reaching $15.33. The company’s stock had a trading volume of 21,562 shares, compared to its average volume of 40,829. Invesco Bond Fund has a one year low of $13.68 and a one year high of $16.27. The business has a fifty day moving average price of $15.46 and a 200-day moving average price of $15.34.

About Invesco Bond Fund

Invesco Bond Fund is a close ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.