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

Invesco Quality Municipal Income Trust (NYSE:IQI) declared a monthly dividend on Monday, July 1st, Wall Street Journal reports. Shareholders of record on Tuesday, July 16th will be paid a dividend of 0.0631 per share by the financial services provider on Wednesday, July 31st. This represents a $0.76 annualized dividend and a yield of 7.41%. The ex-dividend date is Tuesday, July 16th.

Invesco Quality Municipal Income Trust has decreased its dividend by an average of 9.4% annually over the last three years.

Invesco Quality Municipal Income Trust Price Performance

Shares of IQI opened at $10.22 on Monday. The company’s fifty day moving average is $9.82 and its two-hundred day moving average is $9.62. Invesco Quality Municipal Income Trust has a 1 year low of $8.05 and a 1 year high of $10.24.

About Invesco Quality Municipal Income Trust

Invesco Quality Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.