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 Monday, July 1st, Wall Street Journal reports. Stockholders of record on Tuesday, July 16th will be paid a dividend of 0.0685 per share by the investment management company on Wednesday, July 31st. This represents a $0.82 dividend on an annualized basis and a dividend yield of 7.33%. The ex-dividend date 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 0.4 %

Shares of NYSE:VTN opened at $11.21 on Wednesday. The firm’s 50 day simple moving average is $10.86 and its 200-day simple moving average is $10.66. Invesco Trust for Investment Grade New York Municipals has a one year low of $8.49 and a one year 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.