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

by · The Cerbat Gem

Invesco Quality Municipal Income Trust (NYSE:IQI – Get Free Report) 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 annualized dividend 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 Stock Up 1.6%

Shares of IQI opened at $8.76 on Friday. Invesco Quality Municipal Income Trust has a 12 month low of $8.47 and a 12 month high of $10.42. The stock has a 50 day moving average of $9.82 and a 200 day moving average of $9.87.

About Invesco Quality Municipal Income Trust

(Get Free Report)

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.

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