Invesco Quality Municipal Income Trust (NYSE:IQI) Plans Monthly Dividend of $0.06

Invesco Quality Municipal Income Trust (NYSE:IQI) announced a monthly dividend on Monday, November 2nd. Shareholders of record on Monday, November 16th will be given a dividend of $0.0631 per share by the financial services provider on Monday, November 30th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 8.4%. The ex-dividend date of this dividend is Monday, November 16th. This is a 0.0% decrease from Invesco Quality Municipal Income Trust’s previous monthly dividend of $0.0631.

Invesco Quality Municipal Income Trust Price Performance

Shares of IQI traded down $0.03 during mid-day trading on Tuesday, reaching $9.04. 112,547 shares of the company were exchanged, compared to its average volume of 174,147. The business has a 50 day simple moving average of $9.33 and a two-hundred day simple moving average of $9.82. Invesco Quality Municipal Income Trust has a 52 week low of $8.47 and a 52 week high of $10.42.

About Invesco Quality Municipal Income Trust

Invesco Quality Municipal Income Trust (NYSE:IQI) is a diversified, closed-end management investment company. The fund seeks to provide current income that is exempt from regular federal income tax by investing primarily in municipal securities issued by states, territories, and local governments in the United States.

The trust’s portfolio may include general obligation bonds, revenue bonds, and other debt obligations issued to finance public infrastructure and services. In addition to pursuing tax-advantaged income, the fund may seek capital appreciation when consistent with its investment strategy.