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

Invesco Value Municipal Income Trust (NYSE:IIM) declared a monthly dividend on Wednesday, October 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, October 16th will be given a dividend of 0.0771 per share by the investment management company on Thursday, October 31st. This represents a $0.93 annualized dividend and a yield of 7.17%. The ex-dividend date is Wednesday, October 16th.

Invesco Value Municipal Income Trust Stock Performance

Shares of IIM traded down $0.02 during trading hours on Wednesday, hitting $12.91. 126,032 shares of the company were exchanged, compared to its average volume of 125,844. The firm’s 50 day moving average is $12.72 and its 200-day moving average is $12.18. Invesco Value Municipal Income Trust has a 52 week low of $9.94 and a 52 week high of $13.10.

About Invesco Value Municipal Income Trust

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.