Inv Vk Pa Valu (NYSE:VPV) to Issue Monthly Dividend of $0.07
by Sarita Garza · The Markets DailyInv Vk Pa Valu (NYSE:VPV – Get Free Report) declared a monthly dividend on Thursday, October 1st. Stockholders 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 Stock Performance
VPV opened at $10.64 on Friday. Inv Vk Pa Valu has a fifty-two week low of $10.23 and a fifty-two week high of $11.50. The firm has a 50-day moving average of $10.99 and a 200 day moving average of $10.95.
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.
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