Invesco Value Municipal Income Trust (NYSE:IIM - Get Free Report) declared a monthly dividend on Thursday, May 23rd, Wall Street Journal reports. Shareholders of record on Tuesday, June 18th will be paid a dividend of 0.0771 per share by the investment management company on Friday, June 28th. This represents a $0.93 dividend on an annualized basis and a yield of 7.70%. The ex-dividend date of this dividend is Tuesday, June 18th. This is an increase from Invesco Value Municipal Income Trust's previous monthly dividend of $0.05.
Invesco Value Municipal Income Trust has decreased its dividend by an average of 7.6% per year over the last three years and has increased its dividend every year for the last 1 years.
Invesco Value Municipal Income Trust Price Performance
NYSE:IIM traded up $0.39 during mid-day trading on Friday, reaching $12.01. The company's stock had a trading volume of 520,010 shares, compared to its average volume of 125,914. Invesco Value Municipal Income Trust has a 12-month low of $9.94 and a 12-month high of $12.10. The firm's fifty day moving average price is $11.64 and its two-hundred day moving average price is $11.62.
Invesco Value Municipal Income Trust Company Profile
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Invesco 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.
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