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

Invesco Trust for Investment Grade New York Municipals (NYSE:VTNGet Free Report) declared a dividend on Monday, December 2nd,NASDAQ Dividends reports. Stockholders of record on Tuesday, December 17th will be paid 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 Trading Up 0.2 %

NYSE:VTN traded up $0.02 during mid-day trading on Tuesday, hitting $11.55. The company had a trading volume of 130,127 shares, compared to its average volume of 45,635. Invesco Trust for Investment Grade New York Municipals has a fifty-two week low of $10.09 and a fifty-two week high of $11.68. The business’s fifty day moving average is $11.37 and its two-hundred day moving average is $11.29.

Insider Buying and Selling

In other news, major shareholder Saba Capital Management, L.P. sold 803,267 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the insider now directly owns 1,877,124 shares of the company’s stock, valued at $21,586,926. This trade represents a 29.97 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.00% of the stock is owned by corporate insiders.

Invesco Trust for Investment Grade New York Municipals Company Profile

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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.

See Also

Dividend History for Invesco Trust for Investment Grade New York Municipals (NYSE:VTN)

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