Invesco Trust for Investment Grade Municipals (NYSE:VGM) Announces $0.06 Monthly Dividend

Invesco Trust for Investment Grade Municipals (NYSE:VGM) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Monday, March 17th will be paid a dividend of 0.0646 per share by the investment management company on Monday, March 31st. This represents a $0.78 annualized dividend and a dividend yield of 7.68%. The ex-dividend date is Monday, March 17th.

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 Up 0.3 %

Shares of VGM opened at $10.10 on Friday. Invesco Trust for Investment Grade Municipals has a 1 year low of $9.47 and a 1 year high of $10.70. The business’s 50 day simple moving average is $10.13 and its 200-day simple moving average is $10.26.

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.