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

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders 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 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 by an average of 13.5% annually over the last three years.

Invesco Pennsylvania Value Municipal Income Trust Trading Up 0.4 %

NYSE VPV traded up $0.04 during trading hours on Friday, reaching $10.44. 28,185 shares of the stock traded hands, compared to its average volume of 48,493. The stock has a 50 day simple moving average of $10.89 and a two-hundred day simple moving average of $10.99. Invesco Pennsylvania Value Municipal Income Trust has a 1 year low of $9.84 and a 1 year 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 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 completion of the sale, the insider now directly owns 2,388,625 shares of the company’s stock, valued at $26,513,737.50. The trade was a 0.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders sold 253,434 shares of company stock worth $2,790,263 in the last quarter.

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.