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

Key Points

• The Invesco Quality Municipal Income Trust declared a monthly dividend of $0.06, with an annualized yield of 8.1%.
• Stockholders of record on August 18th will receive the dividend on August 29th, and the ex-dividend date is also August 18th.
• Shares of IQI traded up 0.8% to $9.39, with a one-year trading range between $8.86 and $10.53.

Invesco Quality Municipal Income Trust (NYSE:IQI - Get Free Report) announced a monthly dividend on Monday, August 4th, Wall Street Journal reports. Stockholders of record on Monday, August 18th will be paid a dividend of 0.0631 per share by the financial services provider on Friday, August 29th. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date is Monday, August 18th.

Invesco Quality Municipal Income Trust Trading Down 0.2%

Shares of Invesco Quality Municipal Income Trust stock traded down $0.02 during trading on Friday, reaching $9.42. The company's stock had a trading volume of 38,257 shares, compared to its average volume of 176,393. The business's 50-day moving average price is $9.33 and its 200-day moving average price is $9.54. Invesco Quality Municipal Income Trust has a 52 week low of $8.86 and a 52 week 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.