Invesco Quality Municipal Income Trust (NYSE:IQI – Get Free Report) declared a monthly dividend on Monday, August 3rd. Stockholders of record on Monday, August 17th will be given a dividend of 0.0631 per share by the financial services provider on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date is Monday, August 17th.
Invesco Quality Municipal Income Trust Stock Performance
Shares of IQI stock opened at $9.98 on Wednesday. Invesco Quality Municipal Income Trust has a twelve month low of $9.26 and a twelve month high of $10.42. The business has a fifty day simple moving average of $10.04 and a 200 day simple moving average of $9.97.
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.
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