SmarterDividends
VPV

Invesco Pennsylvania Value Municipal Income Trust

VPV

Financial Services · Stock · monthly payer

Forward Yield

7.10%

Annual Dividend

$0.80

Payout Ratio

286%

5-Yr Growth

6.9%

Ex-Date

Jun 15, 2026

Frequency

Monthly

VPV Dividend Safety Score

51/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage286% of earnings paid out
Balance-sheet strengthDebt/equity of 0.55
Yield vs its historyYield is 1.3× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is VPV a good dividend stock?

Mixed

Invesco Pennsylvania Value Municipal Income Trust (VPV) pays a monthly dividend yielding 7.10% ($0.80/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Strong 6.9% 5-yr dividend growth

Risks

  • Cut its dividend in 2023
  • Elevated payout ratio (286%)
  • Share price is down over the past 5 years

Key Data

Dividend Yield
7.10%
Payout Ratio
286%
Annual Dividend
$0.80
5-Yr Avg Growth
6.9%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
2
Frequency
monthly
Beta
0.66
Market Cap
$201.6M
P/E Ratio
40.3
5-Yr Total Return
-16%
52-Week Range
$9.75 – $11.31
Dividend Safety
C · 51/100
Ever Cut?
Yes (2023)
VPV ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.80 / yr per share

Per payment (monthly)$6.67
Annual$80.00
Monthly avg$6.67