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

Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) announced a monthly dividend on Tuesday, March 25th, Wall Street Journal reports. Stockholders of record on Wednesday, April 16th will be paid a dividend of 0.0685 per share by the investment management company on Wednesday, April 30th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 7.69%. The ex-dividend date of this dividend is Wednesday, April 16th.

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

Invesco Trust for Investment Grade New York Municipals Stock Performance

VTN traded down $0.05 on Tuesday, reaching $10.69. 22,423 shares of the company’s stock were exchanged, compared to its average volume of 55,629. 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 $10.52 and its 200-day moving average price is $10.96.

Invesco Trust for Investment Grade New York Municipals Company Profile

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.