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

Invesco Quality Municipal Income Trust (NYSE:IQI) declared a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Investors 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 is Tuesday, February 18th.

Invesco Quality Municipal Income Trust has raised its dividend by an average of 2.7% annually over the last three years.

Invesco Quality Municipal Income Trust Price Performance

NYSE IQI traded down $0.01 during trading on Tuesday, reaching $9.94. The company’s stock had a trading volume of 147,057 shares, compared to its average volume of 154,184. The business has a 50-day moving average price of $9.90 and a 200-day moving average price of $10.09. Invesco Quality Municipal Income Trust has a 1-year low of $9.23 and a 1-year high of $10.53.

About Invesco Quality Municipal Income Trust

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.