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

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Shareholders of record on Monday, March 17th will be given a dividend of 0.0667 per share by the financial services provider on Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a yield of 7.57%. The ex-dividend date of this dividend is Monday, March 17th.

Invesco Pennsylvania Value Municipal Income Trust has raised its dividend payment by an average of 3.4% per year over the last three years.

Invesco Pennsylvania Value Municipal Income Trust Stock Down 0.7 %

Shares of VPV traded down $0.08 during mid-day trading on Tuesday, hitting $10.58. 59,191 shares of the company’s stock were exchanged, compared to its average volume of 77,283. Invesco Pennsylvania Value Municipal Income Trust has a 52 week low of $9.84 and a 52 week high of $11.41. The stock’s 50-day simple moving average is $10.34 and its 200-day simple moving average is $10.83.

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.