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 Friday, May 2nd, Wall Street Journal reports. Stockholders of record on Friday, May 16th will be paid a dividend of 0.0646 per share by the investment management company on Friday, May 30th. This represents a $0.78 annualized dividend and a dividend yield of 8.00%. The ex-dividend date is Friday, May 16th.

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

Invesco Trust for Investment Grade Municipals Stock Performance

VGM opened at $9.69 on Wednesday. The business has a fifty day simple moving average of $9.78 and a 200 day simple moving average of $10.03. Invesco Trust for Investment Grade Municipals has a 1 year low of $9.28 and a 1 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.