Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) Announces $0.07 Monthly Dividend

Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Monday, March 17th will be paid a dividend of 0.0685 per share by the investment management company on Monday, March 31st. This represents a $0.82 dividend on an annualized basis and a dividend yield of 7.75%. The ex-dividend date is Monday, March 17th.

Invesco Trust for Investment Grade New York Municipals has increased its dividend by an average of 7.5% per year over the last three years.

Invesco Trust for Investment Grade New York Municipals Stock Down 0.8 %

NYSE:VTN traded down $0.08 during trading hours on Tuesday, hitting $10.61. 16,546 shares of the company’s stock traded hands, compared to its average volume of 54,268. Invesco Trust for Investment Grade New York Municipals has a twelve month low of $10.16 and a twelve month high of $11.68. The stock’s fifty day moving average price is $10.50 and its two-hundred day moving average price is $11.05.

About Invesco Trust for Investment Grade New York Municipals

Invesco Trust for Investment Grade New York Municipals 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.