Invesco Municipal Opportunity Trust (NYSE:VMO - Get Free Report) announced a monthly dividend on Thursday, May 23rd, Wall Street Journal reports. Stockholders of record on Tuesday, June 18th will be paid a dividend of 0.0625 per share by the investment management company on Friday, June 28th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 7.54%. The ex-dividend date is Tuesday, June 18th. This is an increase from Invesco Municipal Opportunity Trust's previous monthly dividend of $0.04.
Invesco Municipal Opportunity Trust has decreased its dividend payment by an average of 10.4% per year over the last three years and has raised its dividend every year for the last 1 years.
Invesco Municipal Opportunity Trust Stock Performance
Shares of VMO stock traded up $0.38 on Friday, reaching $9.95. The company had a trading volume of 470,608 shares, compared to its average volume of 210,938. The company has a 50-day moving average of $9.51 and a 200-day moving average of $9.44. Invesco Municipal Opportunity Trust has a 12 month low of $7.86 and a 12 month high of $9.98.
Invesco Municipal Opportunity Trust Company Profile
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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.
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