Invesco Van Kampen Municipal Trust About To Put More Money In Your Pocket (VKQ)

Looking at the universe of stocks we cover at Dividend Channel, on 4/9/13, Invesco Van Kampen Municipal Trust (VKQ) VKQ will trade ex-dividend, for its monthly dividend of $0.0762, payable on 4/30/13. As a percentage of VKQ's recent stock price of $14.14, this dividend works out to approximately 0.54%, so look for shares of Invesco Van Kampen Municipal Trust to trade 0.54% lower — all else being equal — when VKQ shares open for trading on 4/9/13.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for VKQ, showing historical dividends prior to the most recent $0.0762 declared by Invesco Van Kampen Municipal Trust:

VKQ+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from VKQ is likely to continue, and whether the current estimated yield of 6.47% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, VKQ makes up 1.44% of the CEF Municipal Income ETF ( XMPT) XMPT which is trading relatively unchanged on the day Friday.

In Friday trading, Invesco Van Kampen Municipal Trust shares are currently up about 0.4% on the day.

null

More from Stocks

Dow Tumbles as Trump Ratchets Up China Trade Fight

Dow Tumbles as Trump Ratchets Up China Trade Fight

This Should Be Your Retirement Savings Plan When the Stock Market Crashes

This Should Be Your Retirement Savings Plan When the Stock Market Crashes

TheStreet's Top Columnists Take Your Questions on What Stocks to Buy

TheStreet's Top Columnists Take Your Questions on What Stocks to Buy

Is Tesla Really Being Sabotaged?

Is Tesla Really Being Sabotaged?

Beware of the Coming Economic Debt Bomb

Beware of the Coming Economic Debt Bomb