Invesco Pennsylvania Value Municipal Income Trust (VPV) to Issue Monthly Dividend of $0.07 on February 28th

Posted by Doug Wharley on Feb 5th, 2025

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV – Get Free Report) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Shareholders 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 dividend on an annualized basis and a yield of 7.74%. The ex-dividend date is Tuesday, February 18th.

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

Invesco Pennsylvania Value Municipal Income Trust Trading Down 0.3 %

Invesco Pennsylvania Value Municipal Income Trust stock opened at $10.34 on Wednesday. Invesco Pennsylvania Value Municipal Income Trust has a 1-year low of $9.84 and a 1-year high of $11.41. The firm has a 50-day moving average of $10.53 and a 200-day moving average of $10.89.

Insiders Place Their Bets

In other news, major shareholder Saba Capital Management, L.P. sold 47,029 shares of the firm’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $10.98, for a total value of $516,378.42. Following the completion of the sale, the insider now directly owns 2,514,676 shares of the company’s stock, valued at approximately $27,611,142.48. This trade represents a 1.84 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last 90 days, insiders sold 68,423 shares of company stock worth $753,646.

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.