Invesco Bond Fund (NYSE:VBF) Increases Dividend to $0.07 Per Share

Invesco Bond Fund (NYSE:VBF) declared a monthly dividend on Tuesday, July 2nd, Wall Street Journal reports. Shareholders of record on Tuesday, July 16th will be given a dividend of 0.0715 per share by the financial services provider on Wednesday, July 31st. This represents a $0.86 annualized dividend and a dividend yield of 5.38%. The ex-dividend date of this dividend is Tuesday, July 16th. This is an increase from Invesco Bond Fund’s previous monthly dividend of $0.07.

Invesco Bond Fund has decreased its dividend by an average of 18.7% per year over the last three years.

Invesco Bond Fund Trading Down 0.8 %

Shares of VBF stock traded down $0.13 during trading hours on Tuesday, hitting $15.95. 34,246 shares of the company’s stock were exchanged, compared to its average volume of 37,807. Invesco Bond Fund has a 12-month low of $13.68 and a 12-month high of $16.29. The business’s 50 day simple moving average is $15.72 and its 200-day simple moving average is $15.63.

About Invesco Bond Fund

Invesco Bond Fund is a close 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 Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.