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

Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) announced a monthly dividend on Tuesday, June 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, June 17th will be given a dividend of 0.0685 per share by the investment management company on Monday, June 30th. This represents a $0.82 annualized dividend and a yield of 8.16%. The ex-dividend date of this dividend is Tuesday, June 17th.

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

Invesco Trust for Investment Grade New York Municipals Stock Down 0.4%

Shares of NYSE:VTN opened at $10.08 on Wednesday. Invesco Trust for Investment Grade New York Municipals has a 12 month low of $9.49 and a 12 month high of $11.68. The company has a 50-day moving average price of $10.20 and a 200-day moving average price of $10.54.

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.