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

Invesco Quality Municipal Income Trust (NYSE:IQI) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.0631 per share by the financial services provider on Monday, March 31st. This represents a $0.76 annualized dividend and a dividend yield of 7.56%. The ex-dividend date of this dividend is Monday, March 17th.

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

Invesco Quality Municipal Income Trust Stock Performance

Invesco Quality Municipal Income Trust stock traded down $0.09 during trading on Tuesday, hitting $10.02. The company’s stock had a trading volume of 140,705 shares, compared to its average volume of 172,381. The stock’s fifty day moving average is $9.88 and its 200 day moving average is $10.07. Invesco Quality Municipal Income Trust has a 1-year low of $9.23 and a 1-year high of $10.53.

Invesco Quality Municipal Income Trust Company Profile

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.