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

Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) declared a monthly dividend on Tuesday, July 2nd, Wall Street Journal reports. Investors of record on Tuesday, July 16th will be given a dividend of 0.0685 per share by the investment management company on Wednesday, July 31st. This represents a $0.82 annualized dividend and a yield of 7.34%. The ex-dividend date of this dividend is Tuesday, July 16th.

Invesco Trust for Investment Grade New York Municipals has decreased its dividend by an average of 9.9% annually over the last three years.

Invesco Trust for Investment Grade New York Municipals Stock Up 0.3 %

VTN traded up $0.03 during midday trading on Tuesday, reaching $11.20. The company had a trading volume of 25,981 shares, compared to its average volume of 40,071. The business has a 50-day moving average price of $10.86 and a two-hundred day moving average price of $10.66. Invesco Trust for Investment Grade New York Municipals has a 12-month low of $8.49 and a 12-month high of $11.42.

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.