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

Invesco California Value Municipal Income Trust (NYSE:VCV) declared a monthly dividend on Monday, July 1st, Wall Street Journal reports. Shareholders 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 yield of 7.45%. 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 Price Performance

Invesco California Value Municipal Income Trust stock opened at $10.41 on Wednesday. Invesco California Value Municipal Income Trust has a fifty-two week low of $8.05 and a fifty-two week high of $10.50. The company’s 50 day simple moving average is $10.00 and its 200 day simple moving average is $9.85.

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.