Invesco Municipal Opportunity Trust (NYSE:VMO) to Issue $0.06 Monthly Dividend

Invesco Municipal Opportunity Trust (NYSE:VMO) announced a monthly dividend on Wednesday, October 2nd, Wall Street Journal reports. Investors of record on Wednesday, October 16th will be given a dividend of 0.0625 per share by the investment management company on Thursday, October 31st. This represents a $0.75 annualized dividend and a yield of 7.28%. The ex-dividend date of this dividend is Wednesday, October 16th.

Invesco Municipal Opportunity Trust has decreased its dividend by an average of 10.4% annually over the last three years.

Invesco Municipal Opportunity Trust Trading Down 0.1 %

VMO stock traded down $0.01 during midday trading on Wednesday, hitting $10.30. 203,081 shares of the company traded hands, compared to its average volume of 208,269. Invesco Municipal Opportunity Trust has a twelve month low of $7.86 and a twelve month high of $10.39. The business has a 50 day simple moving average of $10.13 and a 200-day simple moving average of $9.87.

About Invesco Municipal Opportunity Trust

Invesco Municipal Opportunity 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 Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.