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

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

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 0.4 %

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

Insider Transactions at Invesco Pennsylvania Value Municipal Income Trust

In related news, major shareholder Saba Capital Management, L.P. sold 56,200 shares of the firm’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 sale, the insider now owns 2,826,905 shares of the company’s stock, valued at $31,124,224.05. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Over the last ninety days, insiders sold 242,346 shares of company stock worth $2,667,186.

About Invesco Pennsylvania Value Municipal Income Trust

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.