INV VK MUN OPP (NYSE:VMO) Announces $0.06 Monthly Dividend

Key Points

• Invesco Municipal Opportunity Trust (NYSE:VMO) announced a monthly dividend of $0.0625 per share, with the ex-dividend date set for August 18th.
• The dividend represents an annualized yield of 8.2% for shareholders.
• Several hedge funds have increased their holdings in Inv Vk Mun Opp, with institutional investors owning over 42% of the stock.

INV VK MUN OPP (NYSE:VMO - Get Free Report) declared a monthly dividend on Monday, August 4th, Wall Street Journal reports. Investors of record on Monday, August 18th will be given a dividend of 0.0625 per share by the investment management company on Friday, August 29th. This represents a c) annualized dividend and a yield of 8.1%. The ex-dividend date is Monday, August 18th.

INV VK MUN OPP Stock Up 0.1%

INV VK MUN OPP stock traded up $0.01 during midday trading on Friday, hitting $9.22. 27,225 shares of the stock were exchanged, compared to its average volume of 247,610. The company has a fifty day simple moving average of $9.10 and a two-hundred day simple moving average of $9.36. INV VK MUN OPP has a 52 week low of $8.81 and a 52 week high of $10.39.

INV VK MUN OPP Company Profile

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.