Invesco Trust for Investment Grade New York Municipals Plans 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. Investors 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 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 Stock Performance

Invesco Trust for Investment Grade New York Municipals stock traded up $0.06 during trading on Wednesday, hitting $11.31. The company’s stock had a trading volume of 3,398 shares, compared to its average volume of 43,924. The stock’s fifty day moving average is $11.40 and its 200 day moving average is $11.20. Invesco Trust for Investment Grade New York Municipals has a 1-year low of $9.48 and a 1-year high of $11.68.

Insider Buying and Selling 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 business’s 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 completion of the sale, the insider now owns 1,877,124 shares of the company’s stock, valued at approximately $21,586,926. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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.