Invesco Municipal Opportunity Trust (NYSE:VMO) to Issue Monthly Dividend of $0.06

Invesco Municipal Opportunity Trust (NYSE:VMO) declared a monthly dividend on Monday, March 24th, Wall Street Journal reports. Investors of record on Wednesday, April 16th will be given a dividend of 0.0625 per share by the investment management company on Wednesday, April 30th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 7.86%. The ex-dividend date is Wednesday, April 16th.

Invesco Municipal Opportunity Trust has raised its dividend by an average of 0.8% per year over the last three years.

Invesco Municipal Opportunity Trust Stock Performance

NYSE:VMO traded down $0.09 during mid-day trading on Tuesday, hitting $9.54. 183,454 shares of the stock were exchanged, compared to its average volume of 227,142. The firm’s 50-day simple moving average is $9.74 and its 200 day simple moving average is $9.89. Invesco Municipal Opportunity Trust has a fifty-two week low of $9.22 and a fifty-two week high of $10.39.

About Invesco Municipal Opportunity Trust

Invesco Municipal Opportunity Trust 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.