Invesco Bond Fund Plans Monthly Dividend of $0.07 (NYSE:VBF)

Invesco Bond Fund (NYSE:VBF) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.07 per share by the financial services provider on Monday, March 31st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 5.38%. The ex-dividend date is Monday, March 17th.

Invesco Bond Fund has increased its dividend by an average of 8.8% per year over the last three years.

Invesco Bond Fund Stock Performance

Shares of NYSE:VBF traded down $0.06 on Tuesday, reaching $15.60. 14,264 shares of the company were exchanged, compared to its average volume of 29,953. Invesco Bond Fund has a 1-year low of $15.03 and a 1-year high of $17.48. The company has a 50-day moving average of $15.56 and a 200-day moving average of $16.09.

About Invesco Bond Fund

Invesco Bond Fund is a close 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.