Invvlu Mu Incm (NYSE:IIM) Plans Monthly Dividend of $0.08

by · The Markets Daily

Invvlu Mu Incm (NYSE:IIM – Get Free Report) declared a monthly dividend on Thursday, October 1st. Investors of record on Wednesday, October 14th will be paid a dividend of $0.0771 per share by the investment management company on Friday, October 30th. This represents a $0.93 dividend on an annualized basis and a yield of 8.7%. The ex-dividend date is Wednesday, October 14th. This is a 0.0% increase from Invvlu Mu Incm’s previous monthly dividend of $0.0771.

Invvlu Mu Incm Stock Performance

NYSE IIM opened at $10.65 on Friday. Invvlu Mu Incm has a 1 year low of $10.27 and a 1 year high of $13.17. The stock’s 50-day moving average price is $12.21 and its two-hundred day moving average price is $12.36.

About Invvlu Mu Incm

(Get Free Report)

Invesco Value Municipal Income Trust (NYSE: IIM) is a closed-end investment fund managed by Invesco. The fund’s primary objective is to provide current income that is exempt from regular U.S. federal income tax.

The fund invests mainly in municipal securities issued by U.S. states, municipalities and related public entities. Its portfolio may include bonds that finance public infrastructure and other governmental or community projects, with investment results influenced by interest rates, credit conditions and developments in the municipal bond market.

Invesco Advisers, Inc, an affiliate of global investment management firm Invesco Ltd., serves as the fund’s investment adviser.

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