Invesco Quality Municipal Income Trust (NYSE:IQI - Get Free Report) announced a monthly dividend on Wednesday, July 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, July 16th will be paid a dividend of 0.0631 per share by the financial services provider on Thursday, July 31st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 8.03%. The ex-dividend date is Wednesday, July 16th.
Invesco Quality Municipal Income Trust Stock Down 0.2%
Shares of NYSE:IQI traded down $0.02 during trading on Wednesday, hitting $9.44. 146,476 shares of the company were exchanged, compared to its average volume of 174,717. Invesco Quality Municipal Income Trust has a 1-year low of $8.86 and a 1-year high of $10.53. The business's 50 day moving average is $9.37 and its 200-day moving average is $9.62.
Insider Buying and Selling
In other news, Portfolio Manager Timothy M. O'reilly bought 5,360 shares of Invesco Quality Municipal Income Trust stock in a transaction dated Tuesday, June 24th. The stock was bought at an average cost of $9.33 per share, for a total transaction of $50,008.80. Following the purchase, the portfolio manager directly owned 5,360 shares in the company, valued at approximately $50,008.80. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Institutional Investors Weigh In On Invesco Quality Municipal Income Trust
An institutional investor recently raised its position in Invesco Quality Municipal Income Trust stock. Royal Bank of Canada boosted its stake in Invesco Quality Municipal Income Trust (NYSE:IQI - Free Report) by 3.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 214,022 shares of the financial services provider's stock after purchasing an additional 6,738 shares during the quarter. Royal Bank of Canada owned approximately 0.40% of Invesco Quality Municipal Income Trust worth $2,072,000 as of its most recent filing with the Securities & Exchange Commission.
About Invesco Quality Municipal Income Trust
(
Get Free Report)
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.
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