Invesco Municipal Trust (NYSE:VKQ – Get Free Report) declared a monthly dividend on Wednesday, October 2nd, Wall Street Journal reports. Investors of record on Wednesday, October 16th will be given a dividend of 0.0628 per share by the investment management company on Thursday, October 31st. This represents a $0.75 annualized dividend and a dividend yield of 7.32%. The ex-dividend date of this dividend is Wednesday, October 16th.
Invesco Municipal Trust has decreased its dividend by an average of 9.8% per year over the last three years.
Invesco Municipal Trust Price Performance
Shares of VKQ remained flat at $10.29 during midday trading on Wednesday. 140,985 shares of the stock were exchanged, compared to its average volume of 147,513. The company’s 50 day simple moving average is $10.14 and its 200 day simple moving average is $9.85. Invesco Municipal Trust has a 52 week low of $7.94 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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