Invesco Bond Fund (NYSE:VBF) Declares Dividend Increase – $0.07 Per Share

Invesco Bond Fund (NYSE:VBF) declared a monthly dividend on Wednesday, May 1st, Zacks reports. Investors of record on Thursday, May 16th will be given a dividend of 0.07 per share by the financial services provider on Friday, May 31st. This represents a $0.84 annualized dividend and a yield of 5.48%. The ex-dividend date is Wednesday, May 15th. This is a positive change from Invesco Bond Fund’s previous monthly dividend of $0.07.

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

Invesco Bond Fund Trading Up 0.8 %

Shares of VBF stock traded up $0.12 during trading hours on Friday, hitting $15.33. The stock had a trading volume of 21,562 shares, compared to its average volume of 40,829. Invesco Bond Fund has a one year low of $13.68 and a one year high of $16.27. The stock’s 50-day moving average price is $15.46 and its two-hundred day moving average price is $15.34.

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.