Invesco Quality Municipal Income Trust ( NYSE:IQI – Get Free Report ) shares hit a new 52-week low during mid-day trading on Thursday. The stock traded as low as $8.92 and last traded at $8.9530, with a volume of 661160 shares changing hands. The stock had previously closed at $9.34.
Invesco Quality Municipal Income Trust Price Performance The stock’s 50-day simple moving average is $9.95 and its 200 day simple moving average is $9.92.
Get Invesco Quality Municipal Income Trust alerts: Invesco Quality Municipal Income Trust Dividend Announcement The company also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, September 14th will be given a $0.0631 dividend. The ex-dividend date of this dividend is Monday, September 14th. This represents a $0.76 dividend on an annualized basis and a yield of 8.5%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of the company. North Ground Capital acquired a new stake in shares of Invesco Quality Municipal Income Trust in the second quarter valued at $1,214,582. NewEdge Advisors LLC lifted its stake...