Invesco Municipal Opportunity Trust (NYSE:VMO) to Issue $0.06 Monthly Dividend

by · The Cerbat Gem

Invesco Municipal Opportunity Trust (NYSE:VMOGet Free Report) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be paid a dividend of 0.0625 per share by the investment management company on Friday, November 29th. This represents a $0.75 annualized dividend and a yield of 7.53%. The ex-dividend date of this dividend is Friday, November 15th.

Invesco Municipal Opportunity Trust has decreased its dividend payment by an average of 10.4% annually over the last three years.

Invesco Municipal Opportunity Trust Price Performance

VMO traded up $0.08 during mid-day trading on Wednesday, reaching $9.96. 113,852 shares of the company traded hands, compared to its average volume of 214,425. The company’s fifty day moving average price is $10.11 and its 200-day moving average price is $9.98. Invesco Municipal Opportunity Trust has a 52-week low of $8.70 and a 52-week high of $10.39.

Invesco Municipal Opportunity Trust Company Profile

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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.

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