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

Invesco Municipal Opportunity Trust (NYSE:VMO) announced a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Shareholders of record on Tuesday, February 18th will be paid a dividend of 0.0625 per share by the investment management company on Friday, February 28th. This represents a $0.75 annualized dividend and a yield of 7.67%. The ex-dividend date is Tuesday, February 18th.

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

Invesco Municipal Opportunity Trust Price Performance

Shares of NYSE:VMO traded down $0.04 during trading on Tuesday, reaching $9.78. 450,559 shares of the company’s stock traded hands, compared to its average volume of 212,098. Invesco Municipal Opportunity Trust has a fifty-two week low of $9.22 and a fifty-two week high of $10.39. The company has a 50-day simple moving average of $9.78 and a 200-day simple moving average of $9.97.

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.