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

Inv Vk Mun Opp (NYSE:VMO) declared a monthly dividend on Tuesday, September 1st. Stockholders of record on Monday, September 14th will be paid a dividend of 0.0625 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 7.9%. The ex-dividend date of this dividend is Monday, September 14th.

Inv Vk Mun Opp Price Performance

VMO stock opened at $9.54 on Wednesday. Inv Vk Mun Opp has a 1-year low of $9.15 and a 1-year high of $10.10. The business’s 50 day simple moving average is $9.77 and its 200 day simple moving average is $9.74.

About Inv Vk Mun Opp

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.