Invesco Value Municipal Income Trust (IIM) to Issue Monthly Dividend of $0.06 on November 30th
Invesco Value Municipal Income Trust (NYSE:IIM) declared a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, November 15th will be given a dividend of 0.062 per share by the investment management company on Thursday, November 30th. This represents a $0.74 annualized dividend and a dividend yield of 5.05%. The ex-dividend date of this dividend is Tuesday, November 14th.
Invesco Value Municipal Income Trust has decreased its dividend by an average of 6.4% annually over the last three years.
Shares of Invesco Value Municipal Income Trust (NYSE IIM) traded down $0.11 during trading on Monday, reaching $14.73. 156,900 shares of the company were exchanged, compared to its average volume of 135,556. Invesco Value Municipal Income Trust has a one year low of $14.16 and a one year high of $15.47.
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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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