Invesco Municipal Trust (NYSE:VKQ – Get Free Report) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Monday, March 17th will be paid a dividend of 0.0628 per share by the investment management company on Monday, March 31st. This represents a $0.75 annualized dividend and a dividend yield of 7.54%. The ex-dividend date is Monday, March 17th.
Invesco Municipal Trust has increased its dividend payment by an average of 1.5% per year over the last three years.
Invesco Municipal Trust Price Performance
NYSE:VKQ traded down $0.07 during midday trading on Tuesday, hitting $9.99. 269,928 shares of the company were exchanged, compared to its average volume of 153,622. Invesco Municipal Trust has a fifty-two week low of $9.15 and a fifty-two week high of $10.47. The company has a fifty day simple moving average of $9.85 and a 200 day simple moving average of $10.01.
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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