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

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV - Get Free Report) announced a monthly dividend on Tuesday, June 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, June 17th will be given a dividend of 0.0667 per share by the financial services provider on Monday, June 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 8.15%. The ex-dividend date is Tuesday, June 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 Performance

VPV traded down $0.04 during trading hours on Thursday, hitting $9.82. 52,724 shares of the company's stock were exchanged, compared to its average volume of 58,692. Invesco Pennsylvania Value Municipal Income Trust has a 1-year low of $9.50 and a 1-year high of $11.41. The stock's 50-day moving average is $9.90 and its two-hundred day moving average is $10.31.

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.