Invesco Trust for Investment Grade Municipals (NYSE:VGM) Announces $0.04 Monthly Dividend

Invesco Trust for Investment Grade Municipals (NYSE:VGM) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Stockholders of record on Thursday, May 16th will be paid a dividend of 0.0388 per share by the investment management company on Friday, May 31st. This represents a $0.47 annualized dividend and a dividend yield of 4.83%. The ex-dividend date of this dividend is Wednesday, May 15th.

Invesco Trust for Investment Grade Municipals has decreased its dividend by an average of 10.8% per year over the last three years.

Invesco Trust for Investment Grade Municipals Trading Up 0.6 %

Invesco Trust for Investment Grade Municipals stock opened at $9.64 on Friday. The stock has a 50-day moving average of $9.74 and a two-hundred day moving average of $9.53. Invesco Trust for Investment Grade Municipals has a one year low of $8.15 and a one year high of $10.04.

About Invesco Trust for Investment Grade Municipals

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.