Invesco Trust for Investment Grade Municipals (NYSE:VGM) to Issue Monthly Dividend of $0.06

Invesco Trust for Investment Grade Municipals (NYSE:VGM) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Tuesday, February 18th will be given a dividend of 0.0646 per share by the investment management company on Friday, February 28th. This represents a $0.78 annualized dividend and a dividend yield of 7.66%. The ex-dividend date of this dividend is Tuesday, February 18th.

Invesco Trust for Investment Grade Municipals has increased its dividend payment by an average of 1.2% annually over the last three years.

Invesco Trust for Investment Grade Municipals Stock Performance

Shares of Invesco Trust for Investment Grade Municipals stock opened at $10.13 on Wednesday. The business has a 50-day moving average of $10.14 and a 200 day moving average of $10.29. Invesco Trust for Investment Grade Municipals has a 12 month low of $9.47 and a 12 month high of $10.70.

Invesco Trust for Investment Grade Municipals Company Profile

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.