Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Invesco Value Municipal Income Trust (IIM) Share Price
News headlines about Invesco Value Municipal Income Trust (NYSE:IIM) have been trending somewhat positive on Tuesday, Accern reports. Accern scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Invesco Value Municipal Income Trust earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave headlines about the investment management company an impact score of 48.2589238367741 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of IIM opened at $14.37 on Tuesday. Invesco Value Municipal Income Trust has a fifty-two week low of $13.64 and a fifty-two week high of $15.47.
The firm also recently announced a monthly dividend, which will be paid on Monday, April 30th. Investors of record on Tuesday, April 17th will be paid a dividend of $0.062 per share. This represents a $0.74 annualized dividend and a yield of 5.18%. The ex-dividend date is Monday, April 16th.
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Invesco Value 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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