Invesco Value Municipal Income Trust (NYSE:IIM – Get Free Report) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Investors of record on Thursday, May 16th will be given a dividend of 0.0496 per share by the investment management company on Friday, May 31st. This represents a $0.60 dividend on an annualized basis and a yield of 5.16%. The ex-dividend date is Wednesday, May 15th.
Invesco Value Municipal Income Trust has decreased its dividend by an average of 7.6% per year over the last three years.
Invesco Value Municipal Income Trust Price Performance
Shares of NYSE:IIM opened at $11.54 on Friday. Invesco Value Municipal Income Trust has a 12 month low of $9.94 and a 12 month high of $12.10. The business’s 50 day simple moving average is $11.68 and its 200-day simple moving average is $11.46.
About Invesco Value Municipal Income Trust
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.
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