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

Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.0685 per share by the investment management company on Friday, November 29th. This represents a $0.82 annualized dividend and a yield of 7.27%. The ex-dividend date of this dividend is Friday, November 15th.

Invesco Trust for Investment Grade New York Municipals has decreased its dividend by an average of 9.9% per year over the last three years.

Invesco Trust for Investment Grade New York Municipals Trading Up 0.5 %

VTN stock opened at $11.31 on Thursday. Invesco Trust for Investment Grade New York Municipals has a twelve month low of $9.48 and a twelve month high of $11.68. The business’s fifty day simple moving average is $11.40 and its two-hundred day simple moving average is $11.20.

Insider Buying and Selling

In other Invesco Trust for Investment Grade New York Municipals news, major shareholder Saba Capital Management, L.P. sold 803,267 shares of the business’s stock in a transaction dated Thursday, October 3rd. The shares were sold at an average price of $11.50, for a total value of $9,237,570.50. Following the completion of the sale, the insider now directly owns 1,877,124 shares of the company’s stock, valued at $21,586,926. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.00% of the stock is currently owned by insiders.

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.