Invesco Value Municipal Income Trust (NYSE:IIM) to Issue Dividend Increase – $0.08 Per Share

Invesco Value Municipal Income Trust (NYSE:IIMGet Free Report) declared a monthly dividend on Thursday, May 23rd, Wall Street Journal reports. Investors of record on Tuesday, June 18th will be paid a dividend of 0.0771 per share by the investment management company on Friday, June 28th. This represents a $0.93 annualized dividend and a dividend yield of 7.70%. The ex-dividend date of this dividend is Tuesday, June 18th. This is a boost from Invesco Value Municipal Income Trust’s previous monthly dividend of $0.05.

Invesco Value Municipal Income Trust has decreased its dividend payment by an average of 7.6% annually over the last three years and has increased its dividend annually for the last 1 consecutive years.

Invesco Value Municipal Income Trust Trading Up 3.4 %

Shares of Invesco Value Municipal Income Trust stock traded up $0.39 during trading on Friday, hitting $12.01. 520,010 shares of the company’s stock were exchanged, compared to its average volume of 125,914. The business has a 50-day simple moving average of $11.64 and a 200-day simple moving average of $11.61. Invesco Value Municipal Income Trust has a 52-week low of $9.94 and a 52-week high of $12.10.

Invesco Value Municipal Income Trust Company Profile

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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.

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Dividend History for Invesco Value Municipal Income Trust (NYSE:IIM)

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