Invesco Municipal Opportunity Trust (NYSE:VMO) to Issue Monthly Dividend of $0.04

Invesco Municipal Opportunity Trust (NYSE:VMO - Get Free Report) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Stockholders of record on Thursday, May 16th will be paid a dividend of 0.0385 per share by the investment management company on Friday, May 31st. This represents a $0.46 annualized dividend and a dividend yield of 4.90%. The ex-dividend date is Wednesday, May 15th.

Invesco Municipal Opportunity Trust has decreased its dividend payment by an average of 10.4% annually over the last three years.

Invesco Municipal Opportunity Trust Stock Performance

VMO stock traded up $0.07 during trading on Friday, hitting $9.42. 944,282 shares of the company's stock traded hands, compared to its average volume of 215,013. The business has a fifty day simple moving average of $9.53 and a two-hundred day simple moving average of $9.29. Invesco Municipal Opportunity Trust has a 1 year low of $7.86 and a 1 year high of $9.80.

Invesco Municipal Opportunity Trust Company Profile

(Get Free Report)

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.

Read More

Dividend History for Invesco Municipal Opportunity Trust (NYSE:VMO)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

→ Obama’s Forever Term [exposed] (From Porter & Company) (Ad)

Should you invest $1,000 in Invesco Municipal Opportunity Trust right now?

Before you consider Invesco Municipal Opportunity Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Invesco Municipal Opportunity Trust wasn't on the list.

While Invesco Municipal Opportunity Trust currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

Featured Articles and Offers

Search Headlines: