Invesco California Value Municipal Income Trust (NYSE:VCV) Declares $0.06 Monthly Dividend

Invesco California Value Municipal Income Trust (NYSE:VCV) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Shareholders of record on Monday, March 17th will be given a dividend of 0.0646 per share by the investment management company on Monday, March 31st. This represents a $0.78 dividend on an annualized basis and a yield of 7.04%. The ex-dividend date of this dividend is Monday, March 17th.

Invesco California Value Municipal Income Trust has increased its dividend payment by an average of 5.3% annually over the last three years.

Invesco California Value Municipal Income Trust Stock Down 1.3 %

Shares of VCV stock traded down $0.15 during trading hours on Tuesday, reaching $11.01. 102,209 shares of the stock were exchanged, compared to its average volume of 88,008. The business’s fifty day moving average is $10.99 and its two-hundred day moving average is $10.78. Invesco California Value Municipal Income Trust has a 12-month low of $9.49 and a 12-month high of $11.47.

Invesco California Value Municipal Income Trust Company Profile

Invesco California Value 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 (Japan) Limited, Invesco Asset Management Deutschland GmbH, Invesco Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and Invesco Senior Secured Management, Inc It invests in the fixed income markets of the United States.