Invesco Quality Municipal Income Trust (IQI) to Issue Monthly Dividend of $0.06 on March 31st

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

Invesco Quality Municipal Income Trust Stock Performance

IQI stock traded down $0.03 on Friday, reaching $10.02. The company’s stock had a trading volume of 106,639 shares, compared to its average volume of 107,494. The business has a fifty day simple moving average of $10.10 and a two-hundred day simple moving average of $9.97. Invesco Quality Municipal Income Trust has a 12-month low of $8.86 and a 12-month high of $10.42.

Invesco Quality Municipal Income Trust Company Profile

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.