Invesco Trust for Investment Grade Municipals (NYSE:VGM – Get Free Report) announced a monthly dividend on Monday, March 24th, Wall Street Journal reports. Stockholders of record on Wednesday, April 16th will be given a dividend of 0.0646 per share by the investment management company on Wednesday, April 30th. This represents a $0.78 annualized dividend and a dividend yield of 8.21%. The ex-dividend date is Wednesday, April 16th.
Invesco Trust for Investment Grade Municipals has raised its dividend by an average of 1.2% annually over the last three years.
Invesco Trust for Investment Grade Municipals Trading Up 0.1 %
VGM opened at $9.45 on Monday. The business’s 50-day simple moving average is $10.03 and its 200-day simple moving average is $10.16. Invesco Trust for Investment Grade Municipals has a one year low of $9.28 and a one year high of $10.70.
About Invesco Trust for Investment Grade Municipals
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.
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