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

Invesco California Value Municipal Income Trust (NYSE:VCV) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Investors of record on Tuesday, September 17th will be paid a dividend of 0.0646 per share by the investment management company on Monday, September 30th. This represents a $0.78 annualized dividend and a dividend yield of 7.00%. The ex-dividend date of this dividend is Tuesday, September 17th.

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

Invesco California Value Municipal Income Trust Stock Performance

NYSE VCV traded up $0.21 during mid-day trading on Wednesday, hitting $11.07. The stock had a trading volume of 229,870 shares, compared to its average volume of 94,016. The company has a 50 day simple moving average of $10.64 and a 200 day simple moving average of $10.14. Invesco California Value Municipal Income Trust has a 52-week low of $8.05 and a 52-week high of $11.07.

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.