Invesco Municipal Trust (NYSE:VKQ) to Issue Monthly Dividend of $0.06

Invesco Municipal Trust (NYSE:VKQ) declared a monthly dividend on Monday, July 1st, Wall Street Journal reports. Investors of record on Tuesday, July 16th will be paid a dividend of 0.0628 per share by the investment management company on Wednesday, July 31st. This represents a $0.75 annualized dividend and a yield of 7.42%. The ex-dividend date of this dividend is Tuesday, July 16th.

Invesco Municipal Trust has decreased its dividend payment by an average of 9.8% annually over the last three years.

Invesco Municipal Trust Trading Down 0.2 %

Shares of NYSE:VKQ opened at $10.15 on Monday. Invesco Municipal Trust has a 52-week low of $7.94 and a 52-week high of $10.20. The firm has a fifty day moving average of $9.86 and a 200 day moving average of $9.61.

About Invesco Municipal Trust

Invesco Municipal Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.