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

Invesco Trust for Investment Grade Municipals (NYSE:VGM) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Shareholders of record on Friday, August 16th will be paid a dividend of 0.0646 per share by the investment management company on Friday, August 30th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.41%. The ex-dividend date of this dividend is Friday, August 16th.

Invesco Trust for Investment Grade Municipals has decreased its dividend payment by an average of 10.8% annually over the last three years.

Invesco Trust for Investment Grade Municipals Stock Performance

Shares of VGM traded up $0.04 during trading on Friday, reaching $10.46. The company’s stock had a trading volume of 116,743 shares, compared to its average volume of 140,413. The company has a fifty day moving average of $10.21 and a two-hundred day moving average of $9.91. Invesco Trust for Investment Grade Municipals has a twelve month low of $8.15 and a twelve month high of $10.50.

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.