Invesco California Value Municipal Income Trust Plans Monthly Dividend of $0.06 (NYSE:VCV)

Invesco California Value Municipal Income Trust (NYSE:VCV) declared a monthly dividend on Monday, March 24th, Wall Street Journal reports. Stockholders of record on Wednesday, April 16th will be paid a dividend of 0.0646 per share by the investment management company on Wednesday, April 30th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.18%. The ex-dividend date is Wednesday, April 16th.

Invesco California Value Municipal Income Trust has increased its dividend payment by an average of 5.3% per year over the last three years.

Invesco California Value Municipal Income Trust Stock Down 0.7 %

NYSE:VCV traded down $0.08 during midday trading on Tuesday, hitting $10.79. The stock had a trading volume of 44,713 shares, compared to its average volume of 120,051. The stock has a 50-day moving average of $10.94 and a 200 day moving average of $10.77. Invesco California Value Municipal Income Trust has a one year low of $9.49 and a one year high of $11.47.

About Invesco California Value Municipal Income Trust

Invesco California Value 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 (Japan) Limited, Invesco Asset Management Deutschland GmbH, Invesco Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and Invesco Senior Secured Management, Inc It invests in the fixed income markets of the United States.