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

Invesco Quality Municipal Income Trust (NYSE:IQI) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Investors of record on Monday, March 17th will be given a dividend of 0.0631 per share by the financial services provider on Monday, March 31st. This represents a $0.76 dividend on an annualized basis and a yield of 7.56%. The ex-dividend date of this dividend is Monday, March 17th.

Invesco Quality Municipal Income Trust has increased its dividend by an average of 2.7% per year over the last three years.

Invesco Quality Municipal Income Trust Stock Performance

Shares of IQI stock traded down $0.09 during trading hours on Tuesday, reaching $10.02. 140,705 shares of the company’s stock were exchanged, compared to its average volume of 172,381. Invesco Quality Municipal Income Trust has a fifty-two week low of $9.23 and a fifty-two week high of $10.53. The stock’s 50 day moving average is $9.88 and its 200-day moving average is $10.07.

About Invesco Quality Municipal Income Trust

Invesco Quality 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 Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.