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

Invesco Quality Municipal Income Trust (NYSE:IQI) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Investors of record on Friday, August 16th will be paid a dividend of 0.0631 per share by the financial services provider on Friday, August 30th. This represents a $0.76 annualized dividend and a dividend yield of 7.37%. The ex-dividend date of this dividend is Friday, August 16th.

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

Invesco Quality Municipal Income Trust Stock Performance

Shares of Invesco Quality Municipal Income Trust stock traded up $0.04 during midday trading on Friday, hitting $10.28. The company had a trading volume of 154,618 shares, compared to its average volume of 153,424. The company has a fifty day simple moving average of $9.94 and a 200 day simple moving average of $9.67. Invesco Quality Municipal Income Trust has a 12-month low of $8.05 and a 12-month high of $10.30.

About Invesco Quality Municipal Income Trust

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.