Invesco Quality Municipal Income Trust (IQI) to Issue Monthly Dividend of $0.06 on January 30th

Invesco Quality Municipal Income Trust (NYSE:IQI) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Thursday, January 15th will be paid a dividend of 0.0631 per share by the financial services provider on Friday, January 30th. This represents a c) annualized dividend and a yield of 7.5%. The ex-dividend date is Thursday, January 15th.

Invesco Quality Municipal Income Trust Price Performance

Shares of NYSE:IQI traded up $0.01 on Tuesday, reaching $10.10. The company’s stock had a trading volume of 18,864 shares, compared to its average volume of 125,049. The stock’s 50-day moving average is $9.99 and its two-hundred day moving average is $9.75. Invesco Quality Municipal Income Trust has a 52-week low of $8.86 and a 52-week high of $10.14.

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.