Invesco Trust for Investment Grade Municipals (NYSE:VGM) to Issue $0.06 Monthly Dividend

Invesco Trust for Investment Grade Municipals (NYSE:VGM) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Friday, January 17th will be given a dividend of 0.0646 per share by the investment management company on Friday, January 31st. This represents a $0.78 annualized dividend and a dividend yield of 7.64%. The ex-dividend date is Friday, January 17th.

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

Invesco Trust for Investment Grade Municipals Stock Performance

VGM traded down $0.03 during trading on Friday, hitting $10.14. The stock had a trading volume of 128,424 shares, compared to its average volume of 123,162. Invesco Trust for Investment Grade Municipals has a twelve month low of $9.47 and a twelve month high of $10.70. The company’s 50-day moving average price is $10.21 and its 200 day moving average price is $10.33.

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.