Inv Vk Tr Inv (NYSE:VGM) to Issue $0.06 Monthly Dividend

Key Points

• Invesco Trust for Investment Grade Municipals (NYSE: VGM) announced a monthly dividend of $0.06 per share to be paid on August 29th to stockholders of record by August 18th.
• The annualized dividend yield is reported to be 8.1%, with the company's shares trading at $9.58 after a 0.4% increase.
• Invesco Trust is a closed-ended fixed income mutual fund, with investments focused on the US fixed income markets, managed by a variety of Invesco’s subsidiaries.

Inv Vk Tr Inv (NYSE:VGM - Get Free Report) declared a monthly dividend on Monday, August 4th, Wall Street Journal reports. Stockholders of record on Monday, August 18th will be paid a dividend of 0.0646 per share by the investment management company on Friday, August 29th. This represents a c) annualized dividend and a dividend yield of 8.1%. The ex-dividend date is Monday, August 18th.

Inv Vk Tr Inv Trading Up 0.4%

Shares of Inv Vk Tr Inv stock traded up $0.04 on Monday, hitting $9.58. 390,633 shares of the company were exchanged, compared to its average volume of 219,428. The company has a 50-day moving average price of $9.52 and a 200 day moving average price of $9.77. Inv Vk Tr Inv has a 1-year low of $9.28 and a 1-year high of $10.70.

Inv Vk Tr Inv Company Profile

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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