Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) Announces $0.07 Monthly Dividend

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Tuesday, February 18th will be paid a dividend of 0.0667 per share by the financial services provider on Friday, February 28th. This represents a $0.80 annualized dividend and a dividend yield of 7.74%. The ex-dividend date of this dividend is Tuesday, February 18th.

Invesco Pennsylvania Value Municipal Income Trust has increased its dividend payment by an average of 3.4% annually over the last three years.

Invesco Pennsylvania Value Municipal Income Trust Stock Performance

NYSE:VPV traded down $0.03 on Tuesday, hitting $10.34. 194,738 shares of the stock were exchanged, compared to its average volume of 83,038. 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 stock has a fifty day moving average of $10.54 and a 200-day moving average of $10.90.

Insider Activity at Invesco Pennsylvania Value Municipal Income Trust

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 shares were sold at an average price of $11.10, for a total value of $123,076.80. Following the transaction, the insider now owns 2,388,625 shares in the company, valued at $26,513,737.50. The trade was a 0.46 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Over the last quarter, insiders have sold 68,423 shares of company stock worth $753,646.

Invesco Pennsylvania Value Municipal Income Trust Company Profile

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.