Invesco Value Municipal Income Trust (NYSE:IIM) Plans Monthly Dividend of $0.08

Invesco Value Municipal Income Trust (NYSE:IIM) announced a monthly dividend on Monday, March 24th, Wall Street Journal reports. Stockholders of record on Wednesday, April 16th will be given a dividend of 0.0771 per share by the investment management company on Wednesday, April 30th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 7.67%. The ex-dividend date is Wednesday, April 16th.

Invesco Value Municipal Income Trust Stock Down 0.2 %

IIM traded down $0.02 on Tuesday, reaching $12.07. The company had a trading volume of 65,768 shares, compared to its average volume of 146,728. Invesco Value Municipal Income Trust has a fifty-two week low of $11.28 and a fifty-two week high of $13.10. The company’s fifty day moving average is $12.19 and its 200 day moving average is $12.36.

About Invesco Value Municipal Income Trust

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.