Invesco Quality Municipal Income Trust (IQI) to Issue Monthly Dividend of $0.06 on October 31st

Invesco Quality Municipal Income Trust (NYSE:IQI) declared a monthly dividend on Tuesday, October 1st, Wall Street Journal reports. Stockholders of record on Wednesday, October 16th will be paid a dividend of 0.0631 per share by the financial services provider on Thursday, October 31st. This represents a $0.76 annualized dividend and a dividend yield of 7.24%. The ex-dividend date is Wednesday, October 16th.

Invesco Quality Municipal Income Trust has decreased its dividend payment by an average of 9.4% annually over the last three years.

Invesco Quality Municipal Income Trust Trading Down 0.3 %

IQI stock traded down $0.04 during midday trading on Thursday, reaching $10.47. 118,245 shares of the stock were exchanged, compared to its average volume of 142,594. Invesco Quality Municipal Income Trust has a 52 week low of $8.05 and a 52 week high of $10.53. The company has a fifty day moving average price of $10.25 and a 200 day moving average price of $9.89.

About Invesco Quality Municipal Income Trust

Invesco Quality Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.