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

Posted by Grant Hamersma on Feb 5th, 2025

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV – Get Free Report) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Shareholders 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 annualized dividend 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 Price Performance

Shares of VPV stock opened at $10.34 on Wednesday. Invesco Pennsylvania Value Municipal Income Trust has a one year low of $9.84 and a one year high of $11.41. The company’s 50-day moving average is $10.53 and its 200 day moving average is $10.89.

Insider Activity

In related news, major shareholder Saba Capital Management, L.P. sold 10,306 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $11.08, for a total transaction of $114,190.48. Following the sale, the insider now directly owns 2,482,020 shares of the company’s stock, valued at $27,500,781.60. This trade represents a 0.41 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders have sold a total of 68,423 shares of company stock worth $753,646 over the last 90 days.

About Invesco Pennsylvania Value Municipal Income Trust

(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.