Inv Vk Mun Tr (NYSE:VKQ) Announces Monthly Dividend of $0.06

Key Points

• Inv Vk Mun Tr (NYSE:VKQ) declared a monthly dividend of $0.0628 per share, payable April 30 to shareholders of record on April 14, which annualizes to a roughly 7.7% yield.
• The shares opened at $9.73, trading in a one-year range of $8.94–$9.99 with 50‑day and 200‑day simple moving averages near $9.75 and $9.69 respectively.
• The fund is a closed-end municipal bond vehicle that seeks federally tax-exempt income by investing primarily in municipal securities, generally allocating at least 80% to investment‑grade munis.

Inv Vk Mun Tr (NYSE:VKQ - Get Free Report) announced a monthly dividend on Wednesday, April 1st. Stockholders of record on Tuesday, April 14th will be paid a dividend of 0.0628 per share by the investment management company on Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date is Tuesday, April 14th.

Inv Vk Mun Tr Price Performance

Shares of VKQ opened at $9.73 on Friday. Inv Vk Mun Tr has a 1 year low of $8.94 and a 1 year high of $9.99. The company's 50-day simple moving average is $9.75 and its 200-day simple moving average is $9.69.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.