Invesco Quality Municipal Income Trust (IQI) to Issue Monthly Dividend of $0.06 on March 31st

Invesco Quality Municipal Income Trust (NYSE:IQI) announced a monthly dividend on Monday, March 2nd. Stockholders of record on Monday, March 16th will be paid a dividend of 0.0631 per share by the financial services provider on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date of this dividend is Monday, March 16th.

Invesco Quality Municipal Income Trust Stock Performance

Shares of NYSE:IQI traded down $0.03 during midday trading on Friday, hitting $10.02. 106,639 shares of the stock were exchanged, compared to its average volume of 107,494. The business’s 50-day moving average price is $10.10 and its 200 day moving average price is $9.97. Invesco Quality Municipal Income Trust has a 12 month low of $8.86 and a 12 month high of $10.42.

About Invesco Quality Municipal Income Trust

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.