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

Invesco Quality Municipal Income Trust (NYSE:IQI) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Tuesday, February 18th will be paid a dividend of 0.0631 per share by the financial services provider on Friday, February 28th. This represents a $0.76 annualized dividend and a dividend yield of 7.62%. The ex-dividend date of this dividend is Tuesday, February 18th.

Invesco Quality Municipal Income Trust has raised its dividend payment by an average of 2.7% per year over the last three years.

Invesco Quality Municipal Income Trust Trading Down 0.1 %

Shares of IQI traded down $0.01 during mid-day trading on Tuesday, reaching $9.94. 147,057 shares of the company’s stock were exchanged, compared to its average volume of 154,184. Invesco Quality Municipal Income Trust has a 52-week low of $9.23 and a 52-week high of $10.53. The company has a 50-day simple moving average of $9.90 and a two-hundred day simple moving average of $10.09.

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.