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

Invesco California Value Municipal Income Trust (NYSE:VCV) declared a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Investors of record on Monday, March 17th will be paid a dividend of 0.0646 per share by the investment management company on Monday, March 31st. This represents a $0.78 dividend on an annualized basis and a yield of 7.04%. The ex-dividend date is Monday, March 17th.

Invesco California Value Municipal Income Trust has increased its dividend by an average of 5.3% annually over the last three years.

Invesco California Value Municipal Income Trust Stock Down 1.3 %

NYSE:VCV traded down $0.15 on Tuesday, reaching $11.01. 102,209 shares of the company’s stock were exchanged, compared to its average volume of 88,008. The business has a fifty day moving average of $10.99 and a 200-day moving average of $10.78. Invesco California Value Municipal Income Trust has a 52-week low of $9.49 and a 52-week high of $11.47.

About Invesco California Value Municipal Income Trust

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.