Invesco Municipal Opportunity Trust (NYSE:VMO) Plans Monthly Dividend of $0.06

Invesco Municipal Opportunity Trust (NYSE:VMO) declared a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Stockholders of record on Monday, March 17th will be paid a dividend of 0.0625 per share by the investment management company on Monday, March 31st. This represents a $0.75 dividend on an annualized basis and a dividend yield of 7.64%. The ex-dividend date is Monday, March 17th.

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 %

Shares of NYSE VMO traded down $0.09 during midday trading on Tuesday, reaching $9.82. The company had a trading volume of 222,504 shares, compared to its average volume of 219,317. Invesco Municipal Opportunity Trust has a one year low of $9.22 and a one year high of $10.39. The firm’s fifty day moving average price is $9.74 and its 200-day moving average price is $9.93.

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.