Invesco Municipal Opportunity Trust (NYSE:VMO) Announces $0.06 Monthly Dividend

Invesco Municipal Opportunity Trust (NYSE:VMO) announced a monthly dividend on Tuesday, July 2nd, Wall Street Journal reports. Shareholders of record on Tuesday, July 16th will be paid a dividend of 0.0625 per share by the investment management company on Wednesday, July 31st. This represents a $0.75 annualized dividend and a dividend yield of 7.46%. The ex-dividend date of this dividend is Tuesday, July 16th.

Invesco Municipal Opportunity Trust has decreased its dividend payment by an average of 10.4% per year over the last three years.

Invesco Municipal Opportunity Trust Price Performance

Shares of VMO remained flat at $10.05 during mid-day trading on Tuesday. The company’s stock had a trading volume of 109,391 shares, compared to its average volume of 203,613. The stock’s 50 day moving average price is $9.72 and its two-hundred day moving average price is $9.62. Invesco Municipal Opportunity Trust has a 52-week low of $7.86 and a 52-week high of $10.15.

Invesco Municipal Opportunity Trust Company Profile

Invesco Municipal Opportunity Trust 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.