Invesco Quality Municipal Income Trust (NYSE:IQI – Get Free Report) declared a monthly dividend on Tuesday, September 1st. Investors of record on Monday, September 14th will be given a dividend of 0.0631 per share by the financial services provider on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date is Monday, September 14th.
Invesco Quality Municipal Income Trust Stock Down 1.1%
Shares of IQI stock opened at $10.01 on Wednesday. The stock has a fifty day moving average price of $10.09 and a 200 day moving average price of $9.97. Invesco Quality Municipal Income Trust has a 1 year low of $9.26 and a 1 year 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.
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