Inv Vk Mun Opp (NYSE:VMO) Plans Monthly Dividend of $0.06

Inv Vk Mun Opp (NYSE:VMOGet Free Report) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Thursday, January 15th will be paid a dividend of 0.0625 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 of this dividend is Thursday, January 15th.

Inv Vk Mun Opp Stock Up 0.2%

NYSE:VMO traded up $0.02 during mid-day trading on Tuesday, hitting $9.79. The stock had a trading volume of 72,055 shares, compared to its average volume of 213,304. The stock has a 50-day simple moving average of $9.62 and a two-hundred day simple moving average of $9.45. Inv Vk Mun Opp has a twelve month low of $8.81 and a twelve month high of $9.94.

About Inv Vk Mun Opp

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Inv Vk Mun Opp (NYSE: VMO), known as the Invesco Municipal Opportunity Trust, is a closed-end management investment company that seeks to provide current income exempt from regular federal income tax, along with the potential for capital appreciation. The fund primarily invests in a diversified portfolio of municipal securities issued by U.S. states, cities and local governments. Its investment strategy emphasizes selecting undervalued bonds that offer attractive tax-exempt yields, while maintaining a focus on credit quality and liquidity.

The portfolio manager employs both fundamental credit analysis and relative-value techniques to identify investment opportunities across various sectors of the municipal bond market.

Further Reading

Dividend History for Inv Vk Mun Opp (NYSE:VMO)

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