Inv Vk Pa Valu (NYSE:VPV) Announces Dividend Increase – $0.07 Per Share

Inv Vk Pa Valu (NYSE:VPV) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Wednesday, October 14th will be given a dividend of $0.0667 per share by the financial services provider on Friday, October 30th. This represents a $0.80 annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend is Wednesday, October 14th. This is a 0.0% increase from Inv Vk Pa Valu’s previous monthly dividend of $0.0667.

Inv Vk Pa Valu Price Performance

VPV stock opened at $10.64 on Friday. The firm has a fifty day moving average price of $10.99 and a 200 day moving average price of $10.95. Inv Vk Pa Valu has a fifty-two week low of $10.23 and a fifty-two week high of $11.50.

Inv Vk Pa Valu Company Profile

Invesco Pennsylvania Value Municipal Income Trust (NYSE: VPV) is a closed-end management investment company advised by an affiliate of Invesco Ltd. The trust is designed to provide investors with current income that is generally exempt from regular federal income tax and Pennsylvania state income tax.

The fund invests primarily in municipal securities issued by Pennsylvania and its political subdivisions, as well as related public agencies and other qualifying issuers. These securities may help finance public infrastructure and services, including education, transportation, utilities and other governmental projects.

As a closed-end fund, the trust’s shares trade on the New York Stock Exchange, while the portfolio is managed by Invesco’s investment professionals.