Invesco Bond Fund (NYSE:VBF) Plans Monthly Dividend of $0.07

Invesco Bond Fund (NYSE:VBF) declared a monthly dividend on Thursday, August 1st, Zacks reports. Investors of record on Friday, August 16th will be given a dividend of 0.072 per share by the financial services provider on Friday, August 30th. This represents a $0.86 annualized dividend and a yield of 5.25%. The ex-dividend date of this dividend is Friday, August 16th. This is a boost from Invesco Bond Fund’s previous monthly dividend of $0.07.

Invesco Bond Fund has decreased its dividend payment by an average of 18.7% annually over the last three years.

Invesco Bond Fund Price Performance

NYSE VBF traded up $0.08 on Friday, hitting $16.46. 36,906 shares of the company traded hands, compared to its average volume of 39,373. The business’s 50 day moving average price is $16.07 and its 200-day moving average price is $15.73. Invesco Bond Fund has a 52-week low of $13.68 and a 52-week high of $16.67.

Invesco Bond Fund Company Profile

Invesco Bond Fund is a close 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 Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.