Invesco Value Municipal Income Trust About To Put More Money In Your Pocket (IIM)

Looking at the universe of stocks we cover at Dividend Channel, on 8/7/14, Invesco Value Municipal Income Trust (IIM) will trade ex-dividend, for its monthly dividend of $0.075, payable on 8/29/14. As a percentage of IIM's recent stock price of $14.60, this dividend works out to approximately 0.51%, so look for shares of Invesco Value Municipal Income Trust to trade 0.51% lower — all else being equal — when IIM shares open for trading on 8/7/14.

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Below is a dividend history chart for IIM, showing historical dividends prior to the most recent $0.075 declared by Invesco Value Municipal Income Trust:

IIM+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 IIM is likely to continue, and whether the current estimated yield of 6.16% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of IIM shares, versus its 200 day moving average:

Invesco Value Municipal Income Trust 200 Day Moving Average Chart

Looking at the chart above, IIM's low point in its 52 week range is $12.81 per share, with $15.51 as the 52 week high point — that compares with a last trade of $14.60.

According to the ETF Finder at ETF Channel, IIM makes up 1.83% of the CEF Municipal Income ETF ( XMPT) which is trading relatively unchanged on the day Wednesday.

In Wednesday trading, Invesco Value Municipal Income Trust shares are currently up about 0.3% on the day.

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