Invesco Pennsylvania Value Municipal Income Trust to Issue 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 paid 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 dividend yield of 7.57%. The ex-dividend date is Monday, March 17th.

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

Invesco Pennsylvania Value Municipal Income Trust Price Performance

Shares of Invesco Pennsylvania Value Municipal Income Trust stock traded down $0.08 during trading on Tuesday, reaching $10.58. 59,191 shares of the company’s stock were exchanged, compared to its average volume of 77,283. The firm’s 50-day moving average price is $10.34 and its 200 day moving average price is $10.83. Invesco Pennsylvania Value Municipal Income Trust has a 1-year low of $9.84 and a 1-year high of $11.41.

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.