Invesco Value Municipal Income Trust (NYSE:IIM) Declares $0.05 Monthly Dividend

Posted by James Nelson on Apr 3rd, 2024

Invesco Value Municipal Income Trust (NYSE:IIM – Get Free Report) announced a monthly dividend on Monday, April 1st, Wall Street Journal reports. Stockholders of record on Tuesday, April 16th will be paid a dividend of 0.0496 per share by the investment management company on Tuesday, April 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.04%. The ex-dividend date of this dividend is Monday, April 15th.

Invesco Value Municipal Income Trust Trading Up 0.3 %

Shares of NYSE:IIM traded up $0.03 during trading on Wednesday, reaching $11.81. 174,961 shares of the stock were exchanged, compared to its average volume of 117,184. Invesco Value Municipal Income Trust has a 12 month low of $9.94 and a 12 month high of $12.32. The stock has a 50-day moving average price of $11.79 and a 200-day moving average price of $11.33.

Institutional Investors Weigh In On Invesco Value Municipal Income Trust

Institutional investors have recently made changes to their positions in the stock. Money Concepts Capital Corp bought a new stake in shares of Invesco Value Municipal Income Trust in the fourth quarter valued at approximately $80,000. Nelson Van Denburg & Campbell Wealth Management Group LLC acquired a new position in Invesco Value Municipal Income Trust during the fourth quarter valued at approximately $96,000. Nomura Holdings Inc. acquired a new position in Invesco Value Municipal Income Trust during the first quarter valued at approximately $122,000. Captrust Financial Advisors acquired a new position in Invesco Value Municipal Income Trust during the second quarter valued at approximately $134,000. Finally, Baird Financial Group Inc. acquired a new position in Invesco Value Municipal Income Trust during the third quarter valued at approximately $122,000. 20.73% of the stock is currently owned by institutional investors.

Invesco Value Municipal Income Trust Company Profile

(Get Free Report)

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.