Invesco Pennsylvania Value Municipal Income Trust Announces Monthly Dividend of $0.05 (VPV)
Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Wednesday, December 13th will be given a dividend of 0.0521 per share by the financial services provider on Friday, December 29th. This represents a $0.63 annualized dividend and a dividend yield of 5.16%. The ex-dividend date is Tuesday, December 12th.
Invesco Pennsylvania Value Municipal Income Trust has decreased its dividend by an average of 6.7% annually over the last three years.
Invesco Pennsylvania Value Municipal Income Trust (VPV) traded down $0.01 on Monday, hitting $12.11. 70,535 shares of the stock traded hands, compared to its average volume of 43,172. Invesco Pennsylvania Value Municipal Income Trust has a twelve month low of $11.83 and a twelve month high of $12.68.
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Invesco Pennsylvania Value Municipal Income Trust is a diversified, closed-end management investment company. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal and Pennsylvania income taxes and, where possible under local law, local income and personal property taxes, consistent with preservation of capital.
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