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

Inv Vk Mun Tr (NYSE:VKQ) announced a monthly dividend on Monday, February 2nd. Stockholders of record on Tuesday, February 17th will be paid a dividend of 0.0628 per share by the investment management company on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date is Tuesday, February 17th.

Inv Vk Mun Tr Stock Up 0.2%

Shares of NYSE VKQ traded up $0.02 during midday trading on Tuesday, hitting $9.80. 79,210 shares of the company’s stock were exchanged, compared to its average volume of 183,701. The business’s fifty day moving average price is $9.66 and its two-hundred day moving average price is $9.51. Inv Vk Mun Tr has a 12-month low of $8.86 and a 12-month 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.