Invesco Bond Fund (NYSE:VBF) Plans Monthly Dividend of $0.05

Invesco Bond Fund (NYSE:VBFGet Rating) declared a monthly dividend on Tuesday, May 3rd, Wall Street Journal reports. Investors of record on Monday, May 16th will be given a dividend of 0.052 per share by the financial services provider on Tuesday, May 31st. This represents a $0.62 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date of this dividend is Friday, May 13th.

Invesco Bond Fund has decreased its dividend payment by an average of 6.9% annually over the last three years.

VBF stock opened at $16.76 on Wednesday. Invesco Bond Fund has a 12 month low of $16.39 and a 12 month high of $21.42. The firm has a 50-day moving average price of $17.14.

A hedge fund recently raised its stake in Invesco Bond Fund stock. LPL Financial LLC increased its holdings in shares of Invesco Bond Fund (NYSE:VBFGet Rating) by 6.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 53,519 shares of the financial services provider’s stock after buying an additional 3,201 shares during the period. LPL Financial LLC owned about 0.47% of Invesco Bond Fund worth $1,067,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 39.38% of the company’s stock.

About Invesco Bond Fund (Get Rating)

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.

Further Reading

Dividend History for Invesco Bond Fund (NYSE:VBF)

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