Invesco Quality Municipal Income Trust (NYSE:IQI – Get Free Report) declared a monthly dividend on Friday, May 1st. Shareholders of record on Thursday, May 14th will be given a dividend of 0.0631 per share by the financial services provider on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date of this dividend is Thursday, May 14th.
Invesco Quality Municipal Income Trust Trading Up 0.2%
IQI stock opened at $9.96 on Tuesday. Invesco Quality Municipal Income Trust has a 52-week low of $9.06 and a 52-week high of $10.42. The business has a 50-day simple moving average of $9.86 and a two-hundred day simple moving average of $9.98.
Invesco Quality Municipal Income Trust Company Profile
Invesco Quality Municipal Income Trust (NYSE: IQI) is a closed-end management investment company listed on the New York Stock Exchange. Managed by Invesco Advisers, Inc, the fund’s primary objective is to provide investors with a high level of current income that is exempt from federal income taxes. To achieve this, the trust invests predominantly in investment-grade municipal securities issued by U.S. states, municipalities, and their agencies.
The portfolio holds a diversified blend of municipal bonds, including general obligation bonds, revenue bonds, and other tax-exempt obligations.
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