Invesco Quality Municipal Income Trust
IQIFinancial Services · Stock · monthly payer
$9.88
Add to PortfolioForward Yield
7.66%
Annual Dividend
$0.76
Payout Ratio
223%
5-Yr Growth
5.2%
Ex-Date
Jun 15, 2026
Frequency
Monthly
IQI Dividend Safety Score
51/ 100
Grade C
Borderline
Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage223% of earnings paid out
Balance-sheet strengthDebt/equity of 0.50
Yield vs its historyYield is 1.3× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is IQI a good dividend stock?
MixedInvesco Quality Municipal Income Trust (IQI) pays a monthly dividend yielding 7.66% ($0.76/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 5.2% 5-yr dividend growth
Risks
- Cut its dividend in 2023
- Elevated payout ratio (223%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 7.66%
- Payout Ratio
- 223%
- Annual Dividend
- $0.76
- 5-Yr Avg Growth
- 5.2%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.74
- Market Cap
- $522.5M
- P/E Ratio
- 29.1
- 5-Yr Total Return
- -27%
- 52-Week Range
- $9.06 – $10.42
- Dividend Safety
- C · 51/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 14, 2026 | — | $0.0630 | regular |
| Apr 14, 2026 | — | $0.0630 | regular |
| Mar 16, 2026 | — | $0.0630 | regular |
| Feb 17, 2026 | — | $0.0630 | regular |
| Jan 15, 2026 | — | $0.0630 | regular |
| Dec 16, 2025 | — | $0.0630 | regular |
| Nov 17, 2025 | — | $0.0630 | regular |
| Oct 16, 2025 | — | $0.0630 | regular |
| Sep 16, 2025 | — | $0.0630 | regular |
| Aug 18, 2025 | — | $0.0630 | regular |
| Jul 16, 2025 | — | $0.0630 | regular |
| Jun 17, 2025 | — | $0.0630 | regular |
| May 16, 2025 | — | $0.0630 | regular |
| Apr 16, 2025 | — | $0.0630 | regular |
Income Calculator
At $0.76 / yr per share
Per payment (monthly)$6.33
Annual$76.00
Monthly avg$6.33
