Invesco Quality Municipal Income Trust to Issue Monthly Dividend of $0.04 (NYSE:IQI)

Invesco Quality Municipal Income Trust (NYSE:IQI) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Shareholders of record on Thursday, May 16th will be paid a dividend of 0.0403 per share by the financial services provider on Friday, May 31st. This represents a $0.48 dividend on an annualized basis and a yield of 5.10%. The ex-dividend date of this dividend is Wednesday, May 15th.

Invesco Quality Municipal Income Trust Stock Performance

Shares of Invesco Quality Municipal Income Trust stock traded up $0.13 during trading on Friday, hitting $9.49. 173,574 shares of the stock traded hands, compared to its average volume of 137,158. The stock’s fifty day simple moving average is $9.51 and its 200 day simple moving average is $9.29. Invesco Quality Municipal Income Trust has a 52-week low of $8.05 and a 52-week high of $9.75.

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.