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 Tuesday, March 25th, Wall Street Journal reports. Investors of record on Wednesday, April 16th will be given a dividend of 0.0685 per share by the investment management company on Wednesday, April 30th. This represents a $0.82 annualized dividend and a yield of 7.69%. The ex-dividend date of this dividend is Wednesday, April 16th.

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

Invesco Trust for Investment Grade New York Municipals Stock Performance

Invesco Trust for Investment Grade New York Municipals stock traded down $0.05 during midday trading on Tuesday, reaching $10.69. 22,423 shares of the stock traded hands, compared to its average volume of 55,629. The company has a 50-day simple moving average of $10.52 and a two-hundred day simple moving average of $10.96. Invesco Trust for Investment Grade New York Municipals has a 12-month low of $10.16 and a 12-month 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.