Invesco Value Municipal Income Trust (NYSE:IIM) to Issue Monthly Dividend of $0.08

Invesco Value Municipal Income Trust (NYSE:IIM) declared a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Stockholders of record on Tuesday, February 18th will be paid a dividend of 0.0771 per share by the investment management company on Friday, February 28th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 7.61%. The ex-dividend date of this dividend is Tuesday, February 18th.

Invesco Value Municipal Income Trust Trading Up 0.2 %

Shares of NYSE:IIM traded up $0.03 during midday trading on Tuesday, reaching $12.17. 254,632 shares of the company’s stock traded hands, compared to its average volume of 171,924. Invesco Value Municipal Income Trust has a 1 year low of $11.28 and a 1 year high of $13.10. The company has a fifty day simple moving average of $12.13 and a two-hundred day simple moving average of $12.45.

Invesco Value Municipal Income Trust Company Profile

Invesco Value Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.