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

Invesco Quality Municipal Income Trust (NYSE:IQI) announced a monthly dividend on Monday, March 24th, Wall Street Journal reports. Stockholders of record on Wednesday, April 16th will be paid a dividend of 0.0631 per share by the financial services provider on Wednesday, April 30th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 7.80%. The ex-dividend date is Wednesday, April 16th.

Invesco Quality Municipal Income Trust has increased its dividend by an average of 2.7% annually over the last three years.

Invesco Quality Municipal Income Trust Stock Down 1.3 %

Invesco Quality Municipal Income Trust stock traded down $0.13 during mid-day trading on Tuesday, reaching $9.71. 167,713 shares of the stock traded hands, compared to its average volume of 160,184. Invesco Quality Municipal Income Trust has a 12-month low of $9.23 and a 12-month high of $10.53. The business’s 50-day moving average is $9.92 and its 200-day moving average is $10.04.

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.