Invesco Quality Municipal Income Trust About To Put More Money In Your Pocket (IQI)

Looking at the universe of stocks we cover at Dividend Channel, on 2/12/14, Invesco Quality Municipal Income Trust ( IQI) will trade ex-dividend, for its monthly dividend of $0.065, payable on 2/28/14. As a percentage of IQI's recent stock price of $11.86, this dividend works out to approximately 0.55%, so look for shares of Invesco Quality Municipal Income Trust to trade 0.55% lower — all else being equal — when IQI shares open for trading on 2/12/14.

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Below is a dividend history chart for IQI, showing historical dividends prior to the most recent $0.065 declared by Invesco Quality Municipal Income Trust:

IQI+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from IQI is likely to continue, and whether the current estimated yield of 6.58% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of IQI shares, versus its 200 day moving average:

Invesco Quality Municipal Income Trust 200 Day Moving Average Chart

Looking at the chart above, IQI's low point in its 52 week range is $10.71 per share, with $14.19 as the 52 week high point — that compares with a last trade of $11.87.

According to the ETF Finder at ETF Channel, IQI makes up 1.77% of the CEF Municipal Income ETF ( XMPT) which is trading relatively unchanged on the day Monday.

In Monday trading, Invesco Quality Municipal Income Trust shares are currently down about 0.1% on the day.

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