Invesco California Value Municipal Income Trust (NYSE:VCV) Increases Dividend to $0.06 Per Share

Invesco California Value Municipal Income Trust (NYSE:VCV) declared a monthly dividend on Thursday, May 23rd, Wall Street Journal reports. Investors of record on Tuesday, June 18th will be paid a dividend of 0.0646 per share by the investment management company on Friday, June 28th. This represents a $0.78 annualized dividend and a yield of 7.43%. The ex-dividend date is Tuesday, June 18th. This is a boost from Invesco California Value Municipal Income Trust’s previous monthly dividend of $0.04.

Invesco California Value Municipal Income Trust has decreased its dividend by an average of 8.9% annually over the last three years.

Invesco California Value Municipal Income Trust Stock Up 0.5 %

Invesco California Value Municipal Income Trust stock opened at $10.43 on Monday. Invesco California Value Municipal Income Trust has a 12-month low of $8.05 and a 12-month high of $10.44. The firm’s 50-day moving average is $9.84 and its two-hundred day moving average is $9.78.

Invesco California Value Municipal Income Trust Company Profile

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.