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

Invesco Trust for Investment Grade Municipals (NYSE:VGM) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.0646 per share by the investment management company on Friday, November 29th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.57%. The ex-dividend date is Friday, November 15th.

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

Invesco Trust for Investment Grade Municipals Price Performance

Invesco Trust for Investment Grade Municipals stock traded up $0.07 during midday trading on Wednesday, reaching $10.24. The stock had a trading volume of 85,204 shares, compared to its average volume of 156,856. The stock’s 50-day simple moving average is $10.43 and its 200 day simple moving average is $10.25. Invesco Trust for Investment Grade Municipals has a twelve month low of $8.97 and a twelve month high of $10.70.

About Invesco Trust for Investment Grade Municipals

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.