Invesco Trust for Investment Grade New York Municipals (VTN) to Issue Monthly Dividend of $0.07 on May 30th

Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) announced a monthly dividend on Friday, May 2nd, Wall Street Journal reports. Shareholders of record on Friday, May 16th will be given a dividend of 0.0685 per share by the investment management company on Friday, May 30th. This represents a $0.82 annualized dividend and a yield of 7.95%. The ex-dividend date is Friday, May 16th.

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

Invesco Trust for Investment Grade New York Municipals Price Performance

Shares of Invesco Trust for Investment Grade New York Municipals stock opened at $10.34 on Wednesday. The business’s fifty day moving average price is $10.30 and its two-hundred day moving average price is $10.64. Invesco Trust for Investment Grade New York Municipals has a 1-year low of $9.49 and a 1-year high of $11.68.

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.