Inv Vk Mun Tr (NYSE:VKQ – Get Free Report) declared a monthly dividend on Wednesday, July 1st. Stockholders of record on Tuesday, July 14th will be paid a dividend of 0.0628 per share by the investment management company on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend is Tuesday, July 14th.
Inv Vk Mun Tr Trading Up 0.0%
VKQ stock opened at $10.06 on Friday. The firm has a 50 day moving average of $9.76 and a 200-day moving average of $9.74. Inv Vk Mun Tr has a 12-month low of $8.94 and a 12-month high of $10.10.
Inv Vk Mun Tr Company Profile
Invesco Municipal Income Trust (NYSE: VKQ) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal income tax. The fund pursues its objective by investing primarily in municipal securities, including general obligation and revenue bonds issued by U.S. states, municipalities, counties and territories. As a tax-advantaged vehicle, the trust offers investors access to the municipal bond market through a diversified portfolio managed by seasoned fixed income professionals.
The trust generally allocates at least 80% of its assets to investment-grade municipal securities, although it may invest in lower-rated obligations when deemed appropriate by its management team.
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