Invesco California Municipal Incme Trust Declares Monthly Dividend of $0.07 (VCV)
Invesco California Municipal Incme Trust (NYSE:VCV) announced a monthly dividend on Wednesday, September 3rd, AnalystRatingsNetwork.com reports. Shareholders of record on Monday, September 15th will be paid a dividend of 0.066 per share on Tuesday, September 30th. This represents a $0.79 annualized dividend and a dividend yield of 6.34%. The ex-dividend date is Thursday, September 11th.
On the ratings front, analysts at Deutsche Bank upgraded shares of Invesco California Municipal Incme Trust to a “buy” rating in a research note on Friday, August 1st. Four analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $38.86.
Invesco California Municipal Incme Trust (NYSE:VCV) traded up 0.40% on Wednesday, hitting $12.50. 99,270 shares of the company’s stock traded hands. Invesco California Municipal Incme Trust has a 52 week low of $10.63 and a 52 week high of $12.58. The stock’s 50-day moving average is $12.24 and its 200-day moving average is $12.12.
Invesco California Municipal Income Trust (NYSE:VCV), formerly Invesco California Insured Municipal Income Trust, is a diversified, closed-end management investment company.
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