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

Inv Vk Mun Opp (NYSE:VMO) announced a monthly dividend on Monday, February 2nd. Stockholders of record on Tuesday, February 17th will be given a dividend of 0.0625 per share by the investment management company on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date of this dividend is Tuesday, February 17th.

Inv Vk Mun Opp Stock Performance

Shares of VMO stock traded up $0.06 during trading on Tuesday, reaching $9.76. The company’s stock had a trading volume of 185,814 shares, compared to its average volume of 251,645. Inv Vk Mun Opp has a one year low of $8.81 and a one year high of $9.94. The business has a fifty day moving average price of $9.63 and a 200-day moving average price of $9.50.

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.