Invesco Quality Municipal Income Trust (NYSE:IQI) Raises Dividend to $0.06 Per Share

Invesco Quality Municipal Income Trust (NYSE:IQI) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Wednesday, October 14th will be paid a dividend of $0.0631 per share by the financial services provider on Friday, October 30th. This represents a $0.76 dividend on an annualized basis and a yield of 8.6%. The ex-dividend date of this dividend is Wednesday, October 14th. This is a 0.0% increase from Invesco Quality Municipal Income Trust’s previous monthly dividend of $0.0631.

Invesco Quality Municipal Income Trust Price Performance

Invesco Quality Municipal Income Trust stock opened at $8.76 on Friday. The company’s 50 day simple moving average is $9.82 and its 200 day simple moving average is $9.87. Invesco Quality Municipal Income Trust has a fifty-two week low of $8.47 and a fifty-two week high of $10.42.

Invesco Quality Municipal Income Trust Company Profile

Invesco Quality Municipal Income Trust (NYSE: IQI) is a closed-end investment company managed by Invesco Advisers. The fund seeks to provide current income that is exempt from regular federal income tax by investing primarily in a diversified portfolio of municipal securities.

Its portfolio may include bonds and other debt obligations issued by states, municipalities, government authorities and other public entities throughout the United States. These securities generally finance public-purpose projects and services, such as transportation, education, utilities and healthcare facilities.