Invesco Quality Municipal Income Trust to Issue Monthly Dividend of $0.06 (NYSE:IQI)

Invesco Quality Municipal Income Trust (NYSE:IQI) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Tuesday, February 18th will be given a dividend of 0.0631 per share by the financial services provider on Friday, February 28th. This represents a $0.76 annualized dividend and a dividend yield of 7.62%. The ex-dividend date of this dividend is Tuesday, February 18th.

Invesco Quality Municipal Income Trust has raised its dividend payment by an average of 2.7% per year over the last three years.

Invesco Quality Municipal Income Trust Stock Down 0.1 %

Shares of Invesco Quality Municipal Income Trust stock traded down $0.01 during trading hours on Tuesday, reaching $9.94. The company’s stock had a trading volume of 147,057 shares, compared to its average volume of 154,184. Invesco Quality Municipal Income Trust has a one year low of $9.23 and a one year high of $10.53. The stock’s fifty day simple moving average is $9.90 and its two-hundred day simple moving average is $10.09.

Invesco Quality Municipal Income Trust Company Profile

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.