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

Invesco Trust for Investment Grade Municipals (NYSE:VGM) announced a monthly dividend on Monday, July 1st, Wall Street Journal reports. Investors of record on Tuesday, July 16th will be given a dividend of 0.0646 per share by the investment management company on Wednesday, July 31st. This represents a $0.78 dividend on an annualized basis and a yield of 7.56%. The ex-dividend date is Tuesday, July 16th.

Invesco Trust for Investment Grade Municipals has decreased its dividend by an average of 10.8% annually over the last three years.

Invesco Trust for Investment Grade Municipals Price Performance

Shares of NYSE:VGM opened at $10.26 on Wednesday. Invesco Trust for Investment Grade Municipals has a 1-year low of $8.15 and a 1-year high of $10.37. The business has a 50-day moving average price of $9.94 and a two-hundred day moving average price of $9.83.

Invesco Trust for Investment Grade Municipals 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.