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

Inv Vk Mun Tr (NYSE:VKQ) announced a monthly dividend on Wednesday, July 1st. Shareholders of record on Tuesday, July 14th will be paid a dividend of 0.0628 per share by the investment management company on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 7.5%. The ex-dividend date is Tuesday, July 14th.

Inv Vk Mun Tr Trading Up 0.0%

Inv Vk Mun Tr stock opened at $10.04 on Thursday. The business’s 50-day simple moving average is $9.76 and its two-hundred day simple moving average is $9.73. Inv Vk Mun Tr has a fifty-two week low of $8.94 and a fifty-two week high of $10.10.

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.