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

Invesco Quality Municipal Income Trust (NYSE:IQIGet Rating) announced a monthly dividend on Tuesday, July 5th, Wall Street Journal reports. Investors of record on Friday, July 15th will be given a dividend of 0.0446 per share by the financial services provider on Friday, July 29th. This represents a $0.54 annualized dividend and a yield of 5.14%. The ex-dividend date is Thursday, July 14th.

Invesco Quality Municipal Income Trust stock opened at $10.42 on Wednesday. Invesco Quality Municipal Income Trust has a 12-month low of $9.66 and a 12-month high of $13.98. The company has a 50-day moving average price of $10.26 and a 200 day moving average price of $11.34.

A number of institutional investors have recently modified their holdings of the stock. Virtu Financial LLC purchased a new position in Invesco Quality Municipal Income Trust in the first quarter worth approximately $165,000. Advisors Asset Management Inc. increased its stake in Invesco Quality Municipal Income Trust by 71.5% in the 1st quarter. Advisors Asset Management Inc. now owns 256,342 shares of the financial services provider’s stock valued at $2,904,000 after buying an additional 106,860 shares during the period. Royal Bank of Canada increased its stake in Invesco Quality Municipal Income Trust by 7.9% in the 1st quarter. Royal Bank of Canada now owns 165,626 shares of the financial services provider’s stock valued at $1,877,000 after buying an additional 12,093 shares during the period. Eaton Vance Management increased its stake in Invesco Quality Municipal Income Trust by 1,008.7% in the 1st quarter. Eaton Vance Management now owns 39,914 shares of the financial services provider’s stock valued at $452,000 after buying an additional 36,314 shares during the period. Finally, Guggenheim Capital LLC increased its stake in Invesco Quality Municipal Income Trust by 12.1% in the 1st quarter. Guggenheim Capital LLC now owns 519,258 shares of the financial services provider’s stock valued at $5,883,000 after buying an additional 56,068 shares during the period. Institutional investors own 17.04% of the company’s stock.

About Invesco Quality Municipal Income Trust (Get Rating)

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.

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Dividend History for Invesco Quality Municipal Income Trust (NYSE:IQI)

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