Invesco California Value Municipal Income Trust (NYSE:VCV) Declares Monthly Dividend of $0.06

Invesco California Value Municipal Income Trust (NYSE:VCV) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Shareholders of record on Tuesday, February 18th will be given a dividend of 0.0646 per share by the investment management company on Friday, February 28th. This represents a $0.78 dividend on an annualized basis and a yield of 7.00%. The ex-dividend date is Tuesday, February 18th.

Invesco California Value Municipal Income Trust has raised its dividend payment by an average of 3.5% per year over the last three years.

Invesco California Value Municipal Income Trust Price Performance

NYSE VCV traded up $0.08 on Tuesday, reaching $11.07. The stock had a trading volume of 99,341 shares, compared to its average volume of 97,884. Invesco California Value Municipal Income Trust has a 12-month low of $9.49 and a 12-month high of $11.47. The business’s 50-day moving average price is $10.78 and its 200 day moving average price is $10.71.

About Invesco California Value Municipal Income Trust

Invesco California Value 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 (Japan) Limited, Invesco Asset Management Deutschland GmbH, Invesco Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and Invesco Senior Secured Management, Inc It invests in the fixed income markets of the United States.