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

Posted by Hanz Christensen on Aug 4th, 2024

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV – Get Free Report) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Investors of record on Friday, August 16th will be paid a dividend of 0.0667 per share by the financial services provider on Friday, August 30th. This represents a $0.80 annualized dividend and a yield of 7.25%. The ex-dividend date of this dividend is Friday, August 16th.

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

NYSE:VPV traded up $0.10 during mid-day trading on Friday, hitting $11.04. 31,656 shares of the stock traded hands, compared to its average volume of 24,301. Invesco Pennsylvania Value Municipal Income Trust has a 52 week low of $8.58 and a 52 week high of $11.05. The firm’s 50 day moving average is $10.76 and its two-hundred day moving average is $10.34.

Insider Activity at Invesco Pennsylvania Value Municipal Income Trust

In related news, major shareholder Saba Capital Management, L.P. bought 7,265 shares of the company’s stock in a transaction on Wednesday, May 15th. The shares were acquired at an average cost of $10.28 per share, for a total transaction of $74,684.20. Following the purchase, the insider now directly owns 2,883,105 shares of the company’s stock, valued at $29,638,319.40. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

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.