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

Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) announced 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 annualized dividend and a dividend yield of 7.75%. The ex-dividend date of this dividend is Monday, March 17th.

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

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

VTN traded down $0.08 during trading on Tuesday, reaching $10.61. The company had a trading volume of 16,546 shares, compared to its average volume of 54,268. Invesco Trust for Investment Grade New York Municipals has a 12-month low of $10.16 and a 12-month high of $11.68. The firm’s 50-day simple moving average is $10.50 and its 200 day simple moving average 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.