Invesco Municipal Trust (NYSE:VKQ) announced a monthly dividend on Friday, February 2nd, Wall Street Journal reports. Stockholders of record on Thursday, February 15th will be given a dividend of 0.0591 per share by the investment management company on Wednesday, February 28th. This represents a $0.71 dividend on an annualized basis and a dividend yield of 5.95%. The ex-dividend date is Wednesday, February 14th.
Invesco Municipal Trust has decreased its dividend by an average of 0.7% per year over the last three years.
Shares of Invesco Municipal Trust (NYSE:VKQ) opened at $11.92 on Friday. Invesco Municipal Trust has a 12 month low of $11.53 and a 12 month high of $13.04.
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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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