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

Invesco California Value Municipal Income Trust (NYSE:VCV) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.0646 per share by the investment management company on Monday, March 31st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.04%. The ex-dividend date is Monday, March 17th.

Invesco California Value Municipal Income Trust has increased its dividend by an average of 5.3% per year over the last three years.

Invesco California Value Municipal Income Trust Price Performance

Shares of NYSE:VCV traded down $0.15 during trading on Tuesday, reaching $11.01. 102,209 shares of the company’s stock traded hands, compared to its average volume of 88,008. Invesco California Value Municipal Income Trust has a 12 month low of $9.49 and a 12 month high of $11.47. The company has a 50 day moving average of $10.99 and a 200-day moving average of $10.78.

About Invesco California Value Municipal Income Trust

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.