Invesco Value Municipal Income Trust (NYSE:IIM) to Issue $0.06 Monthly Dividend

Invesco Value Municipal Income Trust (NYSE:IIM) announced a monthly dividend on Tuesday, January 4th, Wall Street Journal reports. Investors of record on Tuesday, January 18th will be paid a dividend of 0.064 per share by the investment management company on Monday, January 31st. This represents a $0.77 dividend on an annualized basis and a dividend yield of 4.78%. The ex-dividend date of this dividend is Friday, January 14th.

Invesco Value Municipal Income Trust has increased its dividend payment by 4.7% over the last three years.

IIM stock opened at $16.08 on Thursday. The business’s 50-day moving average price is $16.60. Invesco Value Municipal Income Trust has a 1 year low of $15.03 and a 1 year high of $17.29.

A hedge fund recently raised its stake in Invesco Value Municipal Income Trust stock. Morgan Stanley grew its position in shares of Invesco Value Municipal Income Trust (NYSE:IIM) by 15.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 333,284 shares of the investment management company’s stock after acquiring an additional 45,677 shares during the quarter. Morgan Stanley owned 0.71% of Invesco Value Municipal Income Trust worth $5,496,000 at the end of the most recent reporting period. 12.76% of the stock is currently owned by institutional investors.

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.

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Dividend History for Invesco Value Municipal Income Trust (NYSE:IIM)

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