Invesco Pennsylvania Value Municipal Income Trust (VPV) to Issue Monthly Dividend of $0.07 on January 31st

Posted by Joseph McCarthy on Jan 4th, 2025

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV – Get Free Report) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Friday, January 17th will be given 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 is Friday, January 17th.

Invesco Pennsylvania Value Municipal Income Trust has decreased its dividend by an average of 13.5% per year over the last three years.

Invesco Pennsylvania Value Municipal Income Trust Stock Up 0.4 %

Invesco Pennsylvania Value Municipal Income Trust stock opened at $10.44 on Friday. The firm’s fifty day moving average price is $10.88 and its two-hundred day moving average price is $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 Activity at Invesco Pennsylvania Value Municipal Income Trust

In related news, major shareholder Saba Capital Management, L.P. sold 56,200 shares of the company’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of $11.01, for a total transaction of $618,762.00. Following the completion of the sale, the insider now owns 2,826,905 shares in the company, valued at approximately $31,124,224.05. This represents a 1.95 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In the last quarter, insiders have sold 253,434 shares of company stock valued at $2,790,263.

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.