Inv Vk Mun Opp Announces Monthly Dividend of $0.06 (NYSE:VMO)

Inv Vk Mun Opp (NYSE:VMO) declared a monthly dividend on Friday, January 2nd. Stockholders of record on Thursday, January 15th will be given a dividend of 0.0625 per share by the investment management company on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend is Thursday, January 15th.

Inv Vk Mun Opp Price Performance

Shares of VMO stock traded up $0.04 during trading hours on Tuesday, hitting $9.81. 55,822 shares of the company’s stock traded hands, compared to its average volume of 210,949. The stock’s 50 day simple moving average is $9.62 and its 200 day simple moving average is $9.45. Inv Vk Mun Opp has a 12 month low of $8.81 and a 12 month high of $9.94.

Inv Vk Mun Opp Company Profile

Inv Vk Mun Opp (NYSE: VMO), known as the Invesco Municipal Opportunity Trust, is a closed-end management investment company that seeks to provide current income exempt from regular federal income tax, along with the potential for capital appreciation. The fund primarily invests in a diversified portfolio of municipal securities issued by U.S. states, cities and local governments. Its investment strategy emphasizes selecting undervalued bonds that offer attractive tax-exempt yields, while maintaining a focus on credit quality and liquidity.

The portfolio manager employs both fundamental credit analysis and relative-value techniques to identify investment opportunities across various sectors of the municipal bond market.