Invesco California Value Municipal Income Trust (VCV) to Issue Monthly Dividend of $0.06 on October 31st

Invesco California Value Municipal Income Trust (NYSE:VCV) declared a monthly dividend on Tuesday, October 1st, Wall Street Journal reports. Stockholders of record on Wednesday, October 16th will be paid a dividend of 0.0646 per share by the investment management company on Thursday, October 31st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.14%. The ex-dividend date of this dividend is Wednesday, October 16th.

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

Invesco California Value Municipal Income Trust Price Performance

VCV traded down $0.07 during trading on Thursday, hitting $10.86. The stock had a trading volume of 149,777 shares, compared to its average volume of 101,921. The stock has a 50 day simple moving average of $10.86 and a two-hundred day simple moving average of $10.32. Invesco California Value Municipal Income Trust has a twelve month low of $8.05 and a twelve month high of $11.47.

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.