Invesco Bond Fund to Distribute $0.07 Monthly Dividend

Invesco Bond Fund (NYSE:VBF) announced a $0.07 monthly dividend on December 20th. According to reports, shareholders who are on record as of January 17th will receive this dividend on January 31st. This translates to an annualized dividend of $0.84 and a yield of 5.49%. It is essential to note that the ex-dividend date is also set for January 17th.

Over the past three years, the Invesco Bond Fund has recorded an average annual dividend increase of 8.3%, indicating a positive trend in its dividend history.

Stock Performance of Invesco Bond Fund

As of Wednesday, shares of VBF opened at $15.30. Over the past year, this fund has seen a low of $15.03 and a high of $17.48. The fifty-day moving average price stands at $15.74, while the 200-day moving average is $16.24.

About Invesco Bond Fund

The Invesco Bond Fund is a closed-end fixed-income mutual fund managed by Invesco Ltd. The fund draws on expertise from various management entities, including Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, and other Invesco affiliates.

Investment Insights

While the Invesco Bond Fund currently holds a "Hold" rating from analysts, many are recommending alternative investments. For those considering an investment in VBF, it is worth exploring other high-rated stocks that analysts believe have more potential for returns.

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