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

Invesco Trust for Investment Grade Municipals (NYSE:VGM) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.0646 per share by the investment management company on Friday, November 29th. This represents a $0.78 annualized dividend and a dividend yield of 7.57%. The ex-dividend date of this dividend is Friday, November 15th.

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

Invesco Trust for Investment Grade Municipals Price Performance

Shares of VGM traded up $0.07 during mid-day trading on Wednesday, hitting $10.24. 82,201 shares of the company traded hands, compared to its average volume of 156,842. Invesco Trust for Investment Grade Municipals has a one year low of $8.97 and a one year high of $10.70. The business has a 50-day moving average of $10.43 and a 200 day moving average of $10.25.

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.