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

by · The Cerbat Gem

Inv Vk Mun Tr (NYSE:VKQGet Free Report) declared a monthly dividend on Monday, August 3rd. Stockholders of record on Monday, August 17th will be given a dividend of 0.0628 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date of this dividend is Monday, August 17th.

Inv Vk Mun Tr Price Performance

Shares of NYSE VKQ opened at $9.70 on Tuesday. The business has a 50 day simple moving average of $9.87 and a 200 day simple moving average of $9.77. Inv Vk Mun Tr has a 52 week low of $9.01 and a 52 week high of $10.11.

About Inv Vk Mun Tr

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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.

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