Invesco Quality Municipal Income Trust (IQI) to Issue Monthly Dividend of $0.06 on February 27th

Invesco Quality Municipal Income Trust (NYSE:IQI) declared a monthly dividend on Monday, February 2nd. Shareholders of record on Tuesday, February 17th will be given a dividend of 0.0631 per share by the financial services provider on Friday, February 27th. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date of this dividend is Tuesday, February 17th.

Invesco Quality Municipal Income Trust Stock Performance

Shares of NYSE:IQI opened at $10.38 on Friday. Invesco Quality Municipal Income Trust has a 1 year low of $8.86 and a 1 year high of $10.42. The business has a fifty day moving average price of $10.03 and a two-hundred day moving average price of $9.87.

Invesco Quality Municipal Income Trust Company Profile

Invesco Quality Municipal Income Trust (NYSE: IQI) is a closed-end management investment company listed on the New York Stock Exchange. Managed by Invesco Advisers, Inc, the fund’s primary objective is to provide investors with a high level of current income that is exempt from federal income taxes. To achieve this, the trust invests predominantly in investment-grade municipal securities issued by U.S. states, municipalities, and their agencies.

The portfolio holds a diversified blend of municipal bonds, including general obligation bonds, revenue bonds, and other tax-exempt obligations.