Invesco Municipal Trust (NYSE:VKQ) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Investors of record on Wednesday, November 15th will be given a dividend of 0.0591 per share by the investment management company on Thursday, November 30th. This represents a $0.71 annualized dividend and a dividend yield of 5.75%. The ex-dividend date is Tuesday, November 14th.
Invesco Municipal Trust has decreased its dividend by an average of 5.5% per year over the last three years.
Invesco Municipal Trust (VKQ) traded down $0.07 during midday trading on Monday, hitting $12.34. The company had a trading volume of 182,200 shares, compared to its average volume of 120,045. Invesco Municipal Trust has a 12 month low of $11.89 and a 12 month high of $13.04.
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About Invesco Municipal Trust
Invesco Municipal Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital. The Trust invests approximately 80% of its assets in municipal securities rated investment grade at the time of investment.
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