Invesco Pennsylvania Value Municipal Income Trust (VPV) To Go Ex-Dividend on July 16th

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) declared a monthly dividend on Monday, July 1st, Wall Street Journal reports. Shareholders of record on Tuesday, July 16th will be paid a dividend of 0.0667 per share by the financial services provider on Wednesday, July 31st. This represents a $0.80 annualized dividend and a yield of 7.39%. The ex-dividend date of this dividend is Tuesday, July 16th.

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

Invesco Pennsylvania Value Municipal Income Trust Trading Up 0.1 %

NYSE VPV opened at $10.83 on Wednesday. The business’s 50-day moving average price is $10.43 and its 200 day moving average price is $10.21. Invesco Pennsylvania Value Municipal Income Trust has a twelve month low of $8.58 and a twelve month high of $11.04.

Insider Activity

In related news, major shareholder Saba Capital Management, L.P. bought 2,973 shares of the stock in a transaction that occurred on Monday, April 15th. The stock was purchased at an average cost of $9.94 per share, for a total transaction of $29,551.62. Following the completion of the acquisition, the insider now owns 2,842,701 shares in the company, valued at $28,256,447.94. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders purchased a total of 25,770 shares of company stock valued at $259,821 in the last 90 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.