Invesco Value Municipal Income Trust (NYSE:IIM) Declares Monthly Dividend of $0.05

Invesco Value Municipal Income Trust (NYSE:IIM) declared a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Shareholders of record on Thursday, May 16th will be given a dividend of 0.0496 per share by the investment management company on Friday, May 31st. This represents a $0.60 dividend on an annualized basis and a yield of 5.16%. The ex-dividend date is Wednesday, May 15th.

Invesco Value Municipal Income Trust has decreased its dividend by an average of 7.6% per year over the last three years.

Invesco Value Municipal Income Trust Stock Up 1.1 %

NYSE IIM traded up $0.12 during trading hours on Friday, reaching $11.53. 115,313 shares of the company’s stock were exchanged, compared to its average volume of 118,704. The firm has a fifty day moving average of $11.68 and a 200-day moving average of $11.45. Invesco Value Municipal Income Trust has a one year low of $9.94 and a one year high of $12.10.

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.