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

Invesco Quality Municipal Income Trust (NYSE:IQI) declared a monthly dividend on Monday, March 2nd. Investors of record on Monday, March 16th will be given a dividend of 0.0631 per share by the financial services provider on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date is Monday, March 16th.

Invesco Quality Municipal Income Trust Price Performance

Shares of Invesco Quality Municipal Income Trust stock opened at $10.02 on Friday. The firm has a fifty day moving average price of $10.10 and a two-hundred day moving average price of $9.97. Invesco Quality Municipal Income Trust has a fifty-two week low of $8.86 and a fifty-two week high of $10.42.

About Invesco Quality Municipal Income Trust

Invesco Quality Municipal Income Trust (NYSE: IQI) is a closed-end management investment company listed on the New York Stock Exchange. Managed by Invesco Advisers, Inc, the fund’s primary objective is to provide investors with a high level of current income that is exempt from federal income taxes. To achieve this, the trust invests predominantly in investment-grade municipal securities issued by U.S. states, municipalities, and their agencies.

The portfolio holds a diversified blend of municipal bonds, including general obligation bonds, revenue bonds, and other tax-exempt obligations.