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

Invesco Trust for Investment Grade Municipals (NYSE:VGM) declared a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Stockholders 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 dividend on an annualized basis 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 raised its dividend by an average of 1.2% per year over the last three years.

Invesco Trust for Investment Grade Municipals Trading Up 0.4 %

Shares of Invesco Trust for Investment Grade Municipals stock traded up $0.05 during trading hours on Tuesday, reaching $10.13. 171,535 shares of the company’s stock were exchanged, compared to its average volume of 154,152. The company has a 50 day moving average of $10.14 and a two-hundred day moving average of $10.29. Invesco Trust for Investment Grade Municipals has a fifty-two week low of $9.47 and a fifty-two week 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.