Invesco Quality Municipal Income Trust Plans Monthly Dividend of $0.06 (IQI)
Invesco Quality Municipal Income Trust (NYSE:IQI) declared a monthly dividend on Friday, March 2nd, Wall Street Journal reports. Stockholders of record on Thursday, March 15th will be paid a dividend of 0.0574 per share by the financial services provider on Thursday, March 29th. This represents a $0.69 dividend on an annualized basis and a dividend yield of 5.77%. The ex-dividend date is Wednesday, March 14th.
Invesco Quality Municipal Income Trust has decreased its dividend payment by an average of 2.3% annually over the last three years.
Invesco Quality Municipal Income Trust (NYSE IQI) opened at $11.94 on Friday. Invesco Quality Municipal Income Trust has a one year low of $11.71 and a one year high of $13.04.
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Invesco Quality Municipal Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide common shareholders with current income, which is exempt from federal income tax. The Trust seeks to achieve its investment objective by investing primarily in municipal securities that are rated investment grade at the time of investment.
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