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

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.0667 per share by the financial services provider on Friday, November 29th. This represents a $0.80 annualized dividend and a yield of 7.21%. The ex-dividend date of this dividend is Friday, November 15th.

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 Price Performance

Shares of VPV stock opened at $11.10 on Thursday. Invesco Pennsylvania Value Municipal Income Trust has a 1-year low of $9.25 and a 1-year high of $11.40. The stock has a 50-day moving average of $11.17 and a 200-day moving average of $10.87.

Insider Activity at Invesco Pennsylvania Value Municipal Income Trust

In other news, major shareholder Saba Capital Management, L.P. sold 56,200 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $11.01, for a total value of $618,762.00. Following the transaction, the insider now owns 2,826,905 shares in the company, valued at approximately $31,124,224.05. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 242,346 shares of company stock worth $2,667,186 over the last ninety days.

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.