Invesco Value Municipal Income Trust (NYSE:IIM) Announces Monthly Dividend of $0.08

Invesco Value Municipal Income Trust (NYSE:IIM) declared a monthly dividend on Tuesday, March 25th, Wall Street Journal reports. Stockholders of record on Wednesday, April 16th will be paid a dividend of 0.0771 per share by the investment management company on Wednesday, April 30th. This represents a $0.93 annualized dividend and a dividend yield of 7.67%. The ex-dividend date is Wednesday, April 16th.

Invesco Value Municipal Income Trust Price Performance

IIM stock traded down $0.02 during midday trading on Tuesday, hitting $12.07. The stock had a trading volume of 65,768 shares, compared to its average volume of 146,728. The business has a 50-day moving average of $12.19 and a two-hundred day moving average of $12.36. Invesco Value Municipal Income Trust has a 52-week low of $11.28 and a 52-week high of $13.10.

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.