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

Posted by Amy Steele on Jan 3rd, 2025

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV – Get Free Report) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Friday, January 17th will be paid a dividend of 0.0667 per share by the financial services provider on Friday, January 31st. This represents a $0.80 annualized dividend and a dividend yield of 7.67%. The ex-dividend date of this dividend 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 Up 0.4 %

Shares of NYSE:VPV traded up $0.04 during trading on Friday, hitting $10.44. The stock had a trading volume of 28,185 shares, compared to its average volume of 48,493. The firm’s fifty day moving average is $10.89 and its 200 day moving average is $10.99. Invesco Pennsylvania Value Municipal Income Trust has a 12 month low of $9.84 and a 12 month high of $11.41.

Insider Buying and Selling

In other Invesco Pennsylvania Value Municipal Income Trust news, major shareholder Saba Capital Management, L.P. sold 56,200 shares of the business’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of $11.01, for a total value of $618,762.00. Following the sale, the insider now directly owns 2,826,905 shares of the company’s stock, valued at approximately $31,124,224.05. The trade was a 1.95 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold a total of 253,434 shares of company stock worth $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.