Invesco Value Municipal Income Trust (NYSE:IIM) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Wednesday, January 24th will be paid a dividend of 0.062 per share by the investment management company on Wednesday, January 31st. This represents a $0.74 annualized dividend and a yield of 4.98%. The ex-dividend date of this dividend is Tuesday, January 23rd.
Invesco Value Municipal Income Trust has decreased its dividend payment by an average of 6.4% per year over the last three years.
Shares of Invesco Value Municipal Income Trust (NYSE IIM) traded up $0.11 during trading hours on Thursday, reaching $14.94. 111,200 shares of the company traded hands, compared to its average volume of 102,450. Invesco Value Municipal Income Trust has a one year low of $14.16 and a one year high of $15.47.
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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