Invesco Municipal Opportunity Trust (NYSE:VMO) to Issue $0.06 Monthly Dividend

Invesco Municipal Opportunity Trust (NYSE:VMO) announced a monthly dividend on Monday, March 24th, Wall Street Journal reports. Stockholders of record on Wednesday, April 16th will be given a dividend of 0.0625 per share by the investment management company on Wednesday, April 30th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 7.86%. The ex-dividend date is Wednesday, April 16th.

Invesco Municipal Opportunity Trust has raised its dividend payment by an average of 0.8% annually over the last three years.

Invesco Municipal Opportunity Trust Trading Down 0.9 %

NYSE VMO traded down $0.09 during trading hours on Tuesday, hitting $9.54. The company’s stock had a trading volume of 183,454 shares, compared to its average volume of 227,142. Invesco Municipal Opportunity Trust has a twelve month low of $9.22 and a twelve month high of $10.39. The stock has a fifty day moving average of $9.74 and a 200 day moving average of $9.89.

About Invesco Municipal Opportunity Trust

Invesco Municipal Opportunity Trust is a closed ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.