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

Invesco California Value Municipal Income Trust (NYSE:VCV) announced a monthly dividend on Tuesday, March 25th, Wall Street Journal reports. Shareholders of record on Wednesday, April 16th will be paid a dividend of 0.0646 per share by the investment management company on Wednesday, April 30th. This represents a $0.78 dividend on an annualized basis and a yield of 7.18%. The ex-dividend date of this dividend is Wednesday, April 16th.

Invesco California Value Municipal Income Trust has raised its dividend payment by an average of 5.3% annually over the last three years.

Invesco California Value Municipal Income Trust Price Performance

Shares of Invesco California Value Municipal Income Trust stock traded down $0.08 during trading hours on Tuesday, hitting $10.79. The company’s stock had a trading volume of 44,713 shares, compared to its average volume of 120,051. Invesco California Value Municipal Income Trust has a 12-month low of $9.49 and a 12-month high of $11.47. The business has a 50 day moving average price of $10.94 and a two-hundred day moving average price 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.