Invesco Trust for Investment Grade Municipals Announces 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. Shareholders of record on Tuesday, July 16th will be paid 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 dividend yield of 7.41%. The ex-dividend date of this dividend 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 Stock Down 0.1 %

Shares of VGM opened at $10.46 on Monday. Invesco Trust for Investment Grade Municipals has a 52-week low of $8.15 and a 52-week high of $10.50. The stock has a fifty day simple moving average of $10.08 and a two-hundred day simple moving average of $9.87.

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.