Invesco Pennsylvania Value Municipal Income Trust (VPV) To Go Ex-Dividend on December 17th

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Tuesday, December 17th will be given a dividend of 0.0667 per share by the financial services provider on Tuesday, December 31st. This represents a $0.80 dividend on an annualized basis and a yield of 7.34%. The ex-dividend date of this dividend is Tuesday, December 17th.

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

Invesco Pennsylvania Value Municipal Income Trust Stock Down 1.3 %

Shares of Invesco Pennsylvania Value Municipal Income Trust stock opened at $10.91 on Friday. The company has a 50-day moving average of $11.13 and a two-hundred day moving average of $11.01. 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 36,430 shares of the firm’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $11.00, for a total transaction of $400,730.00. Following the completion of the transaction, the insider now directly owns 2,790,475 shares in the company, valued at approximately $30,695,225. This trade represents a 1.29 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold 253,434 shares of company stock valued at $2,790,263 in 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.