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

Invesco Trust for Investment Grade Municipals (NYSE:VGM) announced a monthly dividend on Monday, March 24th, Wall Street Journal reports. Investors of record on Wednesday, April 16th will be paid 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 payment by an average of 1.2% per year over the last three years.

Invesco Trust for Investment Grade Municipals Stock Down 1.4 %

Shares of NYSE VGM traded down $0.14 during trading hours on Tuesday, reaching $9.99. The stock had a trading volume of 91,933 shares, compared to its average volume of 156,278. The firm has a 50-day moving average of $10.12 and a 200-day moving average of $10.24. Invesco Trust for Investment Grade Municipals has a fifty-two week low of $9.47 and a fifty-two 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.