Invesco Value Municipal Income Trust (NYSE:IIM) announced a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, May 15th will be paid a dividend of 0.0588 per share by the investment management company on Friday, May 31st. This represents a $0.71 annualized dividend and a dividend yield of 4.82%. The ex-dividend date of this dividend is Tuesday, May 14th.
Invesco Value Municipal Income Trust has decreased its dividend by an average of 1.8% annually over the last three years.
Shares of IIM opened at $14.64 on Thursday. Invesco Value Municipal Income Trust has a 1 year low of $13.09 and a 1 year high of $14.80.
Invesco Value Municipal Income Trust Company Profile
Invesco 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.
Further Reading: Straddles
Receive News & Ratings for Invesco Value Municipal Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Value Municipal Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.