Invesco Value Municipal Income Trust Declares Monthly Dividend of $0.06 (IIM)
Invesco Value Municipal Income Trust (NYSE:IIM) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Investors of record on Wednesday, December 13th will be paid a dividend of 0.062 per share by the investment management company on Friday, December 29th. This represents a $0.74 dividend on an annualized basis and a yield of 5.04%. The ex-dividend date of this dividend is Tuesday, December 12th.
Invesco Value Municipal Income Trust has decreased its dividend by an average of 6.4% annually over the last three years.
Shares of Invesco Value Municipal Income Trust (NYSE:IIM) traded up $0.05 during trading on Tuesday, reaching $14.75. The company had a trading volume of 213,400 shares, compared to its average volume of 137,050. Invesco Value Municipal Income Trust has a fifty-two week low of $14.16 and a fifty-two week high of $15.47.
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Invesco Value Municipal Income Trust Company Profile
Invesco Value Municipal Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide common shareholders with current income, which is exempt from federal income tax. The Trust seeks to achieve its investment objective by investing, primarily in municipal securities that are rated investment-grade at the time of investment.
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