Invesco Trust for Investment Grade Municipals (NYSE:VGM – Get Free Report) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Shareholders of record on Tuesday, February 18th will be given a dividend of 0.0646 per share by the investment management company on Friday, February 28th. This represents a $0.78 annualized dividend and a yield of 7.66%. The ex-dividend date of this dividend is Tuesday, February 18th.
Invesco Trust for Investment Grade Municipals has raised its dividend by an average of 1.2% per year over the last three years.
Invesco Trust for Investment Grade Municipals Stock Performance
Shares of NYSE VGM opened at $10.13 on Wednesday. The company has a 50 day simple moving average of $10.14 and a 200-day simple moving average of $10.29. Invesco Trust for Investment Grade Municipals has a 1 year low of $9.47 and a 1 year high of $10.70.
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.
Recommended Stories
- Five stocks we like better than Invesco Trust for Investment Grade Municipals
- Overbought Stocks Explained: Should You Trade Them?
- Market Volatility Creates Opportunity in These 3 Value Stocks
- How to Invest in Blue Chip Stocks
- Visa and Mastercard Remain Strong Plays as Consumers Keep Swiping
- Consumer Discretionary Stocks Explained
- 2 High-Yield Consumer Staples Stocks Ready to Deliver Big Returns
Receive News & Ratings for Invesco Trust for Investment Grade Municipals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Trust for Investment Grade Municipals and related companies with MarketBeat.com's FREE daily email newsletter.