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

Invesco California Value Municipal Income Trust (NYSE:VCV) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Friday, January 17th will be given a dividend of 0.0646 per share by the investment management company on Friday, January 31st. This represents a $0.78 annualized dividend and a dividend yield of 6.95%. The ex-dividend date is Friday, January 17th.

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

Invesco California Value Municipal Income Trust Price Performance

NYSE:VCV traded up $0.02 during mid-day trading on Friday, reaching $11.15. The company’s stock had a trading volume of 129,952 shares, compared to its average volume of 97,876. The firm’s fifty day moving average price is $10.50 and its two-hundred day moving average price is $10.64. Invesco California Value Municipal Income Trust has a 12-month low of $9.49 and a 12-month high of $11.47.

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.