Invesco Value Municipal Income Trust (NYSE:IIM) to Issue $0.08 Monthly Dividend

Invesco Value Municipal Income Trust (NYSE:IIM) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.0771 per share by the investment management company on Monday, March 31st. This represents a $0.93 dividend on an annualized basis and a dividend yield of 7.47%. The ex-dividend date of this dividend is Monday, March 17th.

Invesco Value Municipal Income Trust Price Performance

NYSE IIM traded down $0.08 during mid-day trading on Tuesday, reaching $12.38. 133,074 shares of the stock were exchanged, compared to its average volume of 164,636. Invesco Value Municipal Income Trust has a one year low of $11.28 and a one year high of $13.10. The stock has a 50 day simple moving average of $12.11 and a 200-day simple moving average of $12.42.

Invesco Value Municipal Income Trust Company Profile

Invesco 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.