Invesco Trust for Investment Grade New York Municipals (NYSE:VTN - Get Free Report) 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 7.27%. 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 Up 0.5 %
VTN stock traded up $0.06 during trading on Wednesday, reaching $11.31. 27,037 shares of the company were exchanged, compared to its average volume of 44,032. The stock's 50 day moving average price is $11.40 and its 200 day moving average price is $11.20. Invesco Trust for Investment Grade New York Municipals has a 52-week low of $9.48 and a 52-week high of $11.68.
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 on 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 sale, the insider now directly owns 1,877,124 shares in the company, 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.00% of the company's stock.
About Invesco Trust for Investment Grade New York Municipals
(
Get Free Report)
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.
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