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

Invesco California Value Municipal Income Trust (NYSE:VCV) announced a monthly dividend on Tuesday, July 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, July 16th will be paid a dividend of 0.0646 per share by the investment management company on Wednesday, July 31st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.43%. The ex-dividend date is Tuesday, July 16th.

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

Invesco California Value Municipal Income Trust Stock Performance

VCV traded up $0.06 on Tuesday, reaching $10.43. 73,607 shares of the company’s stock were exchanged, compared to its average volume of 97,069. Invesco California Value Municipal Income Trust has a twelve month low of $8.05 and a twelve month high of $10.50. The stock’s fifty day moving average price is $9.99 and its 200-day moving average price is $9.84.

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.