Invesco Pennsylvania Value Municipal Income Trust to Issue Monthly Dividend of $0.07 (NYSE:VPV)

Posted by Joseph Casey on Jan 4th, 2025

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV – Get Free Report) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Friday, January 17th will be given a dividend of 0.0667 per share by the financial services provider on Friday, January 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 7.67%. The ex-dividend date is Friday, January 17th.

Invesco Pennsylvania Value Municipal Income Trust has decreased its dividend payment by an average of 13.5% annually over the last three years.

Invesco Pennsylvania Value Municipal Income Trust Stock Performance

VPV opened at $10.44 on Friday. Invesco Pennsylvania Value Municipal Income Trust has a fifty-two week low of $9.84 and a fifty-two week high of $11.41. The firm has a 50-day moving average of $10.88 and a 200 day moving average of $10.99.

Insider Activity

In other Invesco Pennsylvania Value Municipal Income Trust news, major shareholder Saba Capital Management, L.P. sold 11,088 shares of the business’s stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $11.10, for a total value of $123,076.80. Following the sale, the insider now directly owns 2,388,625 shares in the company, valued at $26,513,737.50. The trade was a 0.46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold 253,434 shares of company stock valued at $2,790,263 in the last three months.

Invesco Pennsylvania Value Municipal Income Trust Company Profile

(Get Free Report)

Invesco Pennsylvania Value Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.