Invesco Trust for Investment Grade Municipals (VGM) Plans Monthly Dividend of $0.06
Invesco Trust for Investment Grade Municipals (NYSE:VGM) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Stockholders of record on Friday, October 13th will be paid a dividend of 0.0636 per share by the investment management company on Tuesday, October 31st. This represents a $0.76 annualized dividend and a dividend yield of 5.71%. The ex-dividend date is Thursday, October 12th.
Invesco Trust for Investment Grade Municipals has decreased its dividend payment by an average of 6.9% annually over the last three years.
Shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM) traded down 0.52% during trading on Tuesday, reaching $13.37. The company had a trading volume of 117,267 shares. Invesco Trust for Investment Grade Municipals has a 12-month low of $12.34 and a 12-month high of $14.13. The firm has a 50-day moving average of $13.60 and a 200-day moving average of $13.35.
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Invesco Trust for Investment Grade Municipals Company Profile
Invesco Van Kampen Trust For Investment Grade Municipals (the Trust), formerly Invesco Trust for Investment Grade Municipals, is a diversified, closed-end management investment trust. 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.
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