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

Invesco Municipal Opportunity Trust (NYSE:VMO) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Tuesday, February 18th will be given a dividend of 0.0625 per share by the investment management company on Friday, February 28th. This represents a $0.75 annualized dividend and a yield of 7.67%. The ex-dividend date is Tuesday, February 18th.

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

Invesco Municipal Opportunity Trust Price Performance

NYSE:VMO traded down $0.04 during midday trading on Tuesday, hitting $9.78. 450,559 shares of the company were exchanged, compared to its average volume of 212,098. The company has a fifty day simple moving average of $9.78 and a 200 day simple moving average of $9.97. Invesco Municipal Opportunity Trust has a fifty-two week low of $9.22 and a fifty-two week high of $10.39.

Invesco Municipal Opportunity Trust Company Profile

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.