Inv Vk Mun Tr Announces Monthly Dividend of $0.06 (NYSE:VKQ)

by · The Markets Daily

Inv Vk Mun Tr (NYSE:VKQ – Get Free Report) declared a monthly dividend on Friday, January 2nd. Investors of record on Thursday, January 15th will be given a dividend of 0.0628 per share by the investment management company on Friday, January 30th. This represents a c) annualized dividend and a yield of 7.7%. The ex-dividend date is Thursday, January 15th.

Inv Vk Mun Tr Price Performance

Inv Vk Mun Tr stock traded up $0.05 during trading hours on Tuesday, hitting $9.83. The company had a trading volume of 86,845 shares, compared to its average volume of 184,578. Inv Vk Mun Tr has a 1 year low of $8.86 and a 1 year high of $10.18. The company has a 50-day moving average price of $9.64 and a two-hundred day moving average price of $9.45.

Inv Vk Mun Tr Company Profile

(Get Free Report)

Invesco Municipal Income Trust (NYSE: VKQ) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal income tax. The fund pursues its objective by investing primarily in municipal securities, including general obligation and revenue bonds issued by U.S. states, municipalities, counties and territories. As a tax-advantaged vehicle, the trust offers investors access to the municipal bond market through a diversified portfolio managed by seasoned fixed income professionals.

The trust generally allocates at least 80% of its assets to investment-grade municipal securities, although it may invest in lower-rated obligations when deemed appropriate by its management team.

Further Reading