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

Invesco California Value Municipal Income Trust (NYSE:VCV) announced a monthly dividend on Monday, July 1st, Wall Street Journal reports. Stockholders of record on Tuesday, July 16th will be given a dividend of 0.0646 per share by the investment management company on Wednesday, July 31st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.21%. The ex-dividend date of this dividend is Tuesday, July 16th.

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

Invesco California Value Municipal Income Trust Price Performance

NYSE:VCV opened at $10.75 on Monday. The stock has a 50 day simple moving average of $10.16 and a 200 day simple moving average of $9.89. Invesco California Value Municipal Income Trust has a 1-year low of $8.05 and a 1-year high of $10.77.

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.