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

Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.0685 per share by the investment management company on Friday, November 29th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 7.26%. The ex-dividend date of this dividend is Friday, November 15th.

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

Invesco Trust for Investment Grade New York Municipals Stock Performance

VTN traded up $0.08 during trading on Wednesday, reaching $11.33. 8,700 shares of the company were exchanged, compared to its average volume of 43,934. Invesco Trust for Investment Grade New York Municipals has a 12-month low of $9.48 and a 12-month high of $11.68. The company’s 50-day moving average is $11.40 and its two-hundred day moving average is $11.20.

Insider Transactions at Invesco Trust for Investment Grade New York Municipals

In other Invesco Trust for Investment Grade New York Municipals news, major shareholder Saba Capital Management, L.P. sold 803,267 shares of the firm’s stock in a transaction dated Thursday, October 3rd. The stock was sold at an average price of $11.50, for a total value of $9,237,570.50. Following the sale, the insider now owns 1,877,124 shares of the company’s stock, valued at $21,586,926. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.00% of the company’s stock.

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.