Invesco Van Kmpn Trst Fr Invst Grd Mncpl (NYSE:VGM) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Stockholders of record on Wednesday, January 24th will be paid a dividend of 0.0636 per share by the investment management company on Wednesday, January 31st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.74%. The ex-dividend date of this dividend is Tuesday, January 23rd.
Invesco Van Kmpn Trst Fr Invst Grd Mncpl has decreased its dividend by an average of 6.9% per year over the last three years.
Shares of Invesco Van Kmpn Trst Fr Invst Grd Mncpl (VGM) traded up $0.13 during mid-day trading on Wednesday, hitting $13.30. 149,701 shares of the stock were exchanged, compared to its average volume of 159,550. Invesco Van Kmpn Trst Fr Invst Grd Mncpl has a 52 week low of $12.65 and a 52 week high of $13.80.
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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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