Invesco Value Municipal Income Trust (IIM) Plans Monthly Dividend of $0.06
Invesco Value Municipal Income Trust (NYSE:IIM) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Friday, October 13th will be paid a dividend of 0.062 per share by the investment management company on Tuesday, October 31st. This represents a $0.74 annualized dividend and a yield of 5.00%. The ex-dividend date is Thursday, October 12th.
Invesco Value Municipal Income Trust has decreased its dividend payment by an average of 6.4% annually over the last three years.
Invesco Value Municipal Income Trust (NYSE IIM) traded down 0.40% during mid-day trading on Tuesday, hitting $14.88. The stock had a trading volume of 99,707 shares. Invesco Value Municipal Income Trust has a one year low of $14.16 and a one year high of $16.36. The company has a 50 day moving average price of $15.16 and a 200-day moving average price of $15.04.
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Invesco Value Municipal Income Trust Company Profile
Invesco Value Municipal Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide common shareholders with current income, which is exempt from federal income tax. The Trust seeks to achieve its investment objective by investing, primarily in municipal securities that are rated investment-grade at the time of investment.
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