Invesco Trust for Investment Grade New York Municipal (NYSE:VTN) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Wednesday, December 13th will be paid a dividend of 0.0583 per share by the investment management company on Friday, December 29th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.13%. The ex-dividend date is Tuesday, December 12th.
Invesco Trust for Investment Grade New York Municipal has decreased its dividend by an average of 10.4% per year over the last three years.
Shares of Invesco Trust for Investment Grade New York Municipal (NYSE:VTN) traded down $0.08 during trading on Tuesday, hitting $13.63. The stock had a trading volume of 55,900 shares, compared to its average volume of 36,177. Invesco Trust for Investment Grade New York Municipal has a 12-month low of $13.03 and a 12-month high of $14.00.
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About Invesco Trust for Investment Grade New York Municipal
Invesco Trust for Investment Grade New York Municipals (the Trust), formerly Invesco Van Kampen Trust for Investment Grade New York Municipals, is a diversified, closed-end management investment trust. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal, as well as from New York State and New York City income taxes, consistent with preservation of capital.
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