Invesco Municipal Opportunity Trust (VMO) To Go Ex-Dividend on October 16th

Invesco Municipal Opportunity Trust (NYSE:VMO) announced a monthly dividend on Tuesday, October 1st, Wall Street Journal reports. Shareholders of record on Wednesday, October 16th will be paid a dividend of 0.0625 per share by the investment management company on Thursday, October 31st. This represents a $0.75 annualized dividend and a dividend yield of 7.32%. The ex-dividend date of this dividend is Wednesday, October 16th.

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

Invesco Municipal Opportunity Trust Trading Down 0.9 %

Shares of NYSE VMO traded down $0.09 during mid-day trading on Thursday, hitting $10.24. 347,784 shares of the stock traded hands, compared to its average volume of 209,286. The stock has a fifty day moving average price of $10.14 and a 200-day moving average price of $9.88. Invesco Municipal Opportunity Trust has a 52 week low of $7.86 and a 52 week high of $10.39.

About Invesco Municipal Opportunity Trust

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.