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

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) announced a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Investors of record on Tuesday, February 18th will be given 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 %

NYSE:VPV traded down $0.03 during midday trading on Tuesday, reaching $10.34. 194,738 shares of the stock traded hands, compared to its average volume of 83,038. The company has a fifty day moving average of $10.54 and a 200 day moving average of $10.90. Invesco Pennsylvania Value Municipal Income Trust has a 12 month low of $9.84 and a 12 month high of $11.41.

Insider Activity at Invesco Pennsylvania Value Municipal Income Trust

In other Invesco Pennsylvania Value Municipal Income Trust news, major shareholder Saba Capital Management, L.P. sold 10,306 shares of the company’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $11.08, for a total value of $114,190.48. Following the completion of the transaction, the insider now directly owns 2,482,020 shares in the company, valued at approximately $27,500,781.60. This represents a 0.41 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 68,423 shares of company stock worth $753,646 in the last three months.

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.