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

Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) declared 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% per year over the last three years.

Invesco Trust for Investment Grade New York Municipals Stock Performance

NYSE:VTN opened at $11.08 on Friday. The company has a 50-day moving average of $11.35 and a 200-day moving average of $11.32. Invesco Trust for Investment Grade New York Municipals has a twelve month low of $10.15 and a twelve month high of $11.68.

Insider Buying and Selling

In related news, major shareholder Saba Capital Management, L.P. sold 9,640 shares of the stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $11.59, for a total value of $111,727.60. Following the completion of the transaction, the insider now owns 2,748,018 shares in the company, valued at $31,849,528.62. This trade represents a 0.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.00% of the stock is currently owned by insiders.

About Invesco Trust for Investment Grade New York Municipals

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.