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

Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) declared a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Shareholders of record on Monday, March 17th will be given 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 yield of 7.75%. The ex-dividend date of this dividend is Monday, March 17th.

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 Down 0.8 %

Shares of NYSE:VTN traded down $0.08 on Tuesday, reaching $10.61. 16,546 shares of the company’s stock were exchanged, compared to its average volume of 54,268. The business’s 50-day moving average is $10.50 and its two-hundred day moving average is $11.05. Invesco Trust for Investment Grade New York Municipals has a fifty-two week low of $10.16 and a fifty-two week high of $11.68.

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.