Invesco Value Municipal Income Trust (NYSE:IIM) Announces Monthly Dividend of $0.08

Invesco Value Municipal Income Trust (NYSE:IIM) declared a monthly dividend on Monday, March 24th, Wall Street Journal reports. Investors of record on Wednesday, April 16th will be given a dividend of 0.0771 per share by the investment management company on Wednesday, April 30th. This represents a $0.93 dividend on an annualized basis and a yield of 7.67%. The ex-dividend date of this dividend is Wednesday, April 16th.

Invesco Value Municipal Income Trust Stock Performance

Shares of NYSE IIM traded down $0.02 during trading hours on Tuesday, hitting $12.07. 65,768 shares of the stock were exchanged, compared to its average volume of 146,728. The company’s fifty day simple moving average is $12.19 and its two-hundred day simple moving average is $12.36. Invesco Value Municipal Income Trust has a 1-year low of $11.28 and a 1-year high of $13.10.

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.