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

Invesco Quality Municipal Income Trust (NYSE:IQI) announced a monthly dividend on Monday, July 1st, Wall Street Journal reports. Stockholders of record on Tuesday, July 16th will be paid a dividend of 0.0631 per share by the financial services provider on Wednesday, July 31st. This represents a $0.76 annualized dividend and a dividend yield of 7.59%. The ex-dividend date of this dividend is Tuesday, July 16th.

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

Invesco Quality Municipal Income Trust Stock Performance

NYSE IQI traded up $0.05 during trading hours on Tuesday, hitting $9.98. The company had a trading volume of 87,602 shares, compared to its average volume of 139,477. Invesco Quality Municipal Income Trust has a 1-year low of $8.05 and a 1-year high of $10.05. The business has a 50 day moving average of $9.68 and a 200-day moving average of $9.58.

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.