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

Invesco Quality Municipal Income Trust (NYSE:IQI) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Shareholders of record on Tuesday, February 18th will be paid a dividend of 0.0631 per share by the financial services provider on Friday, February 28th. This represents a $0.76 dividend on an annualized basis and a yield of 7.62%. The ex-dividend date of this dividend is Tuesday, February 18th.

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

Invesco Quality Municipal Income Trust Price Performance

Shares of IQI stock opened at $9.94 on Wednesday. Invesco Quality Municipal Income Trust has a 12-month low of $9.23 and a 12-month high of $10.53. The firm has a fifty day moving average of $9.90 and a 200-day moving average of $10.09.

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.