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

Invesco Municipal Opportunity Trust (NYSE:VMO) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Investors of record on Monday, March 17th will be given a dividend of 0.0625 per share by the investment management company on Monday, March 31st. This represents a $0.75 annualized dividend and a dividend yield of 7.64%. The ex-dividend date is Monday, March 17th.

Invesco Municipal Opportunity Trust has increased its dividend payment by an average of 0.8% per year over the last three years.

Invesco Municipal Opportunity Trust Trading Down 0.9 %

NYSE VMO traded down $0.09 during trading on Tuesday, reaching $9.82. 222,504 shares of the company’s stock traded hands, compared to its average volume of 219,317. Invesco Municipal Opportunity Trust has a 12-month low of $9.22 and a 12-month high of $10.39. The company’s 50 day simple moving average is $9.74 and its two-hundred day simple moving average is $9.93.

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.