Invesco California Value Municipal Income Trust Announces Monthly Dividend of $0.06 (NYSE:VCV)

Invesco California Value Municipal Income Trust (NYSE:VCV) announced a monthly dividend on Monday, March 24th, Wall Street Journal reports. Stockholders of record on Wednesday, April 16th will be given a dividend of 0.0646 per share by the investment management company on Wednesday, April 30th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.18%. The ex-dividend date is Wednesday, April 16th.

Invesco California Value Municipal Income Trust has raised its dividend payment by an average of 5.3% per year over the last three years.

Invesco California Value Municipal Income Trust Stock Performance

Shares of VCV stock traded down $0.08 on Tuesday, hitting $10.79. The company had a trading volume of 44,713 shares, compared to its average volume of 120,051. Invesco California Value Municipal Income Trust has a twelve month low of $9.49 and a twelve month high of $11.47. The company has a 50-day moving average price of $10.94 and a 200-day moving average price of $10.77.

Invesco California Value Municipal Income Trust Company Profile

Invesco California 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.