Inv Vk Mun Tr (VKQ) to Issue Monthly Dividend of $0.06 on January 30th

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

Inv Vk Mun Tr Stock Up 0.5%

Shares of VKQ traded up $0.05 during midday trading on Tuesday, hitting $9.83. 93,223 shares of the company traded hands, compared to its average volume of 185,505. The firm has a 50 day moving average of $9.64 and a 200-day moving average of $9.45. Inv Vk Mun Tr has a 52 week low of $8.86 and a 52 week high of $10.18.

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.