Invesco Trust for Investment Grade Municipals (NYSE:VGM – Get Free Report) announced a monthly dividend on Monday, March 24th, Wall Street Journal reports. Shareholders of record on Wednesday, April 16th will be given a dividend of 0.0646 per share by the investment management company on Wednesday, April 30th. This represents a $0.78 dividend on an annualized basis and a yield of 7.76%. The ex-dividend date of this dividend is Wednesday, April 16th.
Invesco Trust for Investment Grade Municipals has raised its dividend by an average of 1.2% annually over the last three years.
Invesco Trust for Investment Grade Municipals Stock Performance
Shares of VGM stock opened at $9.99 on Wednesday. The firm has a fifty day moving average of $10.13 and a 200-day moving average of $10.24. Invesco Trust for Investment Grade Municipals has a 52-week low of $9.47 and a 52-week high of $10.70.
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.
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