Invesco Trust for Investment Grade Municipals (VGM) to Issue Monthly Dividend of $0.06 on July 31st

Invesco Trust for Investment Grade Municipals (NYSE:VGM) declared a monthly dividend on Monday, July 1st, Wall Street Journal reports. Stockholders of record on Tuesday, July 16th will be paid a dividend of 0.0646 per share by the investment management company on Wednesday, July 31st. This represents a $0.78 annualized dividend and a dividend yield of 7.56%. The ex-dividend date of this dividend is Tuesday, July 16th.

Invesco Trust for Investment Grade Municipals has decreased its dividend by an average of 10.8% annually over the last three years.

Invesco Trust for Investment Grade Municipals Stock Up 0.1 %

Shares of Invesco Trust for Investment Grade Municipals stock opened at $10.26 on Wednesday. The business has a 50-day simple moving average of $9.94 and a 200 day simple moving average of $9.83. Invesco Trust for Investment Grade Municipals has a one year low of $8.15 and a one year high of $10.37.

About Invesco Trust for Investment Grade Municipals

Invesco Trust for Investment Grade Municipals 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 Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.