Invesco California Value Municipal Income Trust Plans Monthly Dividend of $0.06 (NYSE:VCV)

Invesco California Value Municipal Income Trust (NYSE:VCV) announced a monthly dividend on Wednesday, October 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, October 16th will be paid a dividend of 0.0646 per share by the investment management company on Thursday, October 31st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.11%. The ex-dividend date of this dividend is Wednesday, October 16th.

Invesco California Value Municipal Income Trust has decreased its dividend payment by an average of 8.9% annually over the last three years.

Invesco California Value Municipal Income Trust Stock Down 0.5 %

NYSE:VCV traded down $0.06 during trading hours on Wednesday, reaching $10.91. 90,492 shares of the company traded hands, compared to its average volume of 101,626. The business’s 50-day moving average price is $10.85 and its two-hundred day moving average price is $10.32. Invesco California Value Municipal Income Trust has a 1 year low of $8.05 and a 1 year high of $11.47.

Invesco California Value Municipal Income Trust Company Profile

Invesco California 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.