Invesco Municipal Trust (VKQ) Announces $0.06 Monthly Dividend
Invesco Municipal Trust (NYSE:VKQ) declared a monthly dividend on Wednesday, July 5th, Wall Street Journal reports. Shareholders of record on Friday, July 14th will be given a dividend of 0.0591 per share by the investment management company on Monday, July 31st. This represents a $0.71 dividend on an annualized basis and a yield of 5.53%. The ex-dividend date of this dividend is Wednesday, July 12th.
Invesco Municipal Trust has decreased its dividend payment by an average of 5.5% annually over the last three years.
Invesco Municipal Trust (NYSE VKQ) traded down 0.08% during trading on Wednesday, reaching $12.83. The company’s stock had a trading volume of 77,601 shares. The stock’s 50-day moving average is $12.76 and its 200 day moving average is $12.55. Invesco Municipal Trust has a 52-week low of $11.89 and a 52-week high of $14.31.
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About Invesco Municipal Trust
Invesco Municipal Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital. The Trust invests approximately 80% of its assets in municipal securities rated investment grade at the time of investment.
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