Invesco Municipal Income Opp Trust (NYSE:OIA) announced a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Stockholders of record on Wednesday, January 24th will be paid a dividend of 0.0344 per share by the investment management company on Wednesday, January 31st. This represents a $0.41 dividend on an annualized basis and a dividend yield of 5.03%. The ex-dividend date of this dividend is Tuesday, January 23rd.
Invesco Municipal Income Opp Trust has decreased its dividend payment by an average of 4.4% annually over the last three years.
Shares of Invesco Municipal Income Opp Trust (NYSE OIA) traded up $0.13 during trading on Wednesday, hitting $8.20. 80,622 shares of the stock were exchanged, compared to its average volume of 82,350. Invesco Municipal Income Opp Trust has a 52 week low of $7.19 and a 52 week high of $8.21.
Invesco Municipal Income Opportunities Trust is a diversified closed-end management investment company. The Trust’s investment objective is to seek to provide current income, which is exempt from federal income tax. It invests primarily in municipal securities rated BB or better by Standard & Poor’s or Ba or better by Moody’s, or if not rated, securities it determines to be of comparable quality at the time of investment.
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