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

Invesco Quality Municipal Income Trust (NYSE:IQI) declared a monthly dividend on Monday, February 2nd. Stockholders of record on Tuesday, February 17th will be paid a dividend of 0.0631 per share by the financial services provider on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date is Tuesday, February 17th.

Invesco Quality Municipal Income Trust Price Performance

Shares of IQI traded up $0.02 during mid-day trading on Tuesday, hitting $10.04. The company had a trading volume of 80,139 shares, compared to its average volume of 126,944. Invesco Quality Municipal Income Trust has a 1-year low of $8.86 and a 1-year high of $10.16. The business’s 50-day simple moving average is $10.01 and its 200-day simple moving average is $9.82.

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.