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

Invesco Quality Municipal Income Trust (NYSE:IQI) declared a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Investors of record on Tuesday, February 18th will be paid a dividend of 0.0631 per share by the financial services provider on Friday, February 28th. This represents a $0.76 dividend on an annualized basis and a yield of 7.62%. The ex-dividend date of this dividend is Tuesday, February 18th.

Invesco Quality Municipal Income Trust has raised its dividend payment by an average of 2.7% per year over the last three years.

Invesco Quality Municipal Income Trust Trading Down 0.1 %

IQI stock traded down $0.01 on Tuesday, reaching $9.94. 147,057 shares of the company were exchanged, compared to its average volume of 154,184. Invesco Quality Municipal Income Trust has a 12 month low of $9.23 and a 12 month high of $10.53. The stock’s fifty day moving average price is $9.90 and its 200 day moving average price is $10.09.

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.