Invesco Quality Municipal Income Trust (NYSE:IQI) announced a monthly dividend on Tuesday, September 5th, Wall Street Journal reports. Shareholders of record on Wednesday, September 13th will be paid a dividend of 0.0546 per share by the financial services provider on Friday, September 29th. This represents a $0.66 annualized dividend and a yield of 5.06%. The ex-dividend date is Tuesday, September 12th.
Invesco Quality Municipal Income Trust has decreased its dividend by an average of 5.3% annually over the last three years.
Shares of Invesco Quality Municipal Income Trust (IQI) opened at 12.95 on Monday. The firm’s 50-day moving average is $12.81 and its 200 day moving average is $12.59. Invesco Quality Municipal Income Trust has a one year low of $12.01 and a one year high of $14.02.
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Invesco Quality Municipal Income Trust Company Profile
Invesco Quality Municipal Investment Trust (the Trust), formerly Morgan Stanley Quality Municipal Investment Trust, is a diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from federal income tax. The Trust seeks to achieve its investment objective by investing primarily in municipal obligations, which include municipal bonds, municipal notes and municipal commercial paper.
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