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

Invesco Trust for Investment Grade Municipals (NYSE:VGM) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Friday, January 17th will be paid a dividend of 0.0646 per share by the investment management company on Friday, January 31st. This represents a $0.78 dividend on an annualized basis and a 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 Price Performance

NYSE:VGM traded down $0.03 on Friday, reaching $10.14. 128,424 shares of the company’s stock were exchanged, compared to its average volume of 123,162. The stock has a fifty day simple moving average of $10.21 and a 200-day simple moving average of $10.33. Invesco Trust for Investment Grade Municipals has a 52 week low of $9.47 and a 52 week high of $10.70.

About Invesco Trust for Investment Grade Municipals

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.