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

Inv Vk Mun Tr (NYSE:VKQ) declared a monthly dividend on Monday, June 1st. Investors of record on Monday, June 15th will be paid a dividend of 0.0628 per share by the investment management company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date is Monday, June 15th.

Inv Vk Mun Tr Stock Performance

Inv Vk Mun Tr stock opened at $9.76 on Tuesday. Inv Vk Mun Tr has a twelve month low of $8.94 and a twelve month high of $9.99. The business has a fifty day moving average of $9.64 and a two-hundred day moving average of $9.69.

Inv Vk Mun Tr Company Profile

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.