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Invesco Trust for Investment Grade Municipals (NYSE:VGM) to Issue $0.06 Monthly Dividend

Invesco Trust for Investment Grade Municipals logo with Finance background

Invesco Trust for Investment Grade Municipals (NYSE:VGM - Get Free Report) declared a monthly dividend on Tuesday, June 3rd, Wall Street Journal reports. Investors of record on Tuesday, June 17th will be given a dividend of 0.0646 per share by the investment management company on Monday, June 30th. This represents a $0.78 annualized dividend and a dividend yield of 8.17%. The ex-dividend date is Tuesday, June 17th.

Invesco Trust for Investment Grade Municipals Stock Down 0.8%

NYSE VGM traded down $0.08 during trading hours on Friday, hitting $9.49. The company had a trading volume of 295,679 shares, compared to its average volume of 184,763. The firm's 50 day moving average is $9.62 and its 200 day moving average is $9.95. Invesco Trust for Investment Grade Municipals has a fifty-two week low of $9.28 and a fifty-two week high of $10.70.

Institutional Investors Weigh In On Invesco Trust for Investment Grade Municipals

An institutional investor recently bought a new position in Invesco Trust for Investment Grade Municipals stock. Jones Financial Companies Lllp purchased a new position in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 25,436 shares of the investment management company's stock, valued at approximately $253,000. 38.13% of the stock is currently owned by institutional investors.

Invesco Trust for Investment Grade Municipals Company Profile

(Get Free Report)

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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Dividend History for Invesco Trust for Investment Grade Municipals (NYSE:VGM)

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