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 Monday, February 3rd,Wall Street Journal reports. Shareholders of record on Tuesday, February 18th will be paid 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 7.61%. The ex-dividend date of this dividend is Tuesday, February 18th.

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

Invesco Trust for Investment Grade Municipals Stock Up 0.6 %

Shares of NYSE VGM opened at $10.18 on Friday. Invesco Trust for Investment Grade Municipals has a 1-year low of $9.47 and a 1-year high of $10.70. The company has a 50-day moving average of $10.09 and a two-hundred day moving average of $10.29.

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.