Invesco Municipal Trust (NYSE:VKQ – Get Free Report) announced a monthly dividend on Tuesday, March 25th, Wall Street Journal reports. Stockholders of record on Wednesday, April 16th will be paid a dividend of 0.0628 per share by the investment management company on Wednesday, April 30th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 7.79%. The ex-dividend date is Wednesday, April 16th.
Invesco Municipal Trust has raised its dividend by an average of 1.5% annually over the last three years.
Invesco Municipal Trust Stock Down 0.6 %
VKQ stock traded down $0.06 during trading on Tuesday, hitting $9.68. 94,781 shares of the company’s stock traded hands, compared to its average volume of 154,917. The stock has a fifty day moving average price of $9.87 and a two-hundred day moving average price of $9.98. Invesco Municipal Trust has a 52 week low of $9.15 and a 52 week high of $10.47.
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.
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