Inv Vk Ca Valu (NYSE:VCV) Declares Monthly Dividend of $0.06

Inv Vk Ca Valu (NYSE:VCV) announced a monthly dividend on Friday, May 1st. Stockholders of record on Thursday, May 14th will be paid a dividend of 0.0646 per share by the investment management company on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date is Thursday, May 14th.

Inv Vk Ca Valu Price Performance

Shares of NYSE VCV opened at $10.71 on Tuesday. Inv Vk Ca Valu has a fifty-two week low of $9.96 and a fifty-two week high of $11.38. The stock’s 50-day simple moving average is $10.69 and its 200-day simple moving average is $10.92.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC acquired a new position in Inv Vk Ca Valu during the fourth quarter worth approximately $39,000. US Bancorp DE acquired a new position in Inv Vk Ca Valu during the third quarter worth approximately $102,000. Independent Financial Group LLC acquired a new position in Inv Vk Ca Valu during the first quarter worth approximately $123,000. Eclectic Associates Inc. ADV acquired a new position in Inv Vk Ca Valu during the fourth quarter worth approximately $138,000. Finally, NWF Advisory Services Inc. acquired a new position in Inv Vk Ca Valu during the fourth quarter worth approximately $166,000. Institutional investors and hedge funds own 18.80% of the company’s stock.

About Inv Vk Ca Valu

Invesco California 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. The fund primarily invests in investment grade California municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.