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

Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) announced a dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Tuesday, December 17th will be given a dividend of 0.0685 per share by the investment management company on Tuesday, December 31st. The ex-dividend date is Tuesday, December 17th.

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 Price Performance

Shares of NYSE VTN traded up $0.02 during midday trading on Tuesday, reaching $11.55. 130,127 shares of the company traded hands, compared to its average volume of 45,635. Invesco Trust for Investment Grade New York Municipals has a 52 week low of $10.09 and a 52 week high of $11.68. The stock has a 50-day moving average price of $11.37 and a 200 day moving average price of $11.29.

Insiders Place Their Bets

In other Invesco Trust for Investment Grade New York Municipals news, major shareholder Saba Capital Management, L.P. sold 803,267 shares of Invesco Trust for Investment Grade New York Municipals stock in a transaction dated Thursday, October 3rd. The stock was sold at an average price of $11.50, for a total transaction of $9,237,570.50. Following the transaction, the insider now owns 1,877,124 shares of the company’s stock, valued at $21,586,926. The trade was a 29.97 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.00% of the stock is owned by company 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.