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

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 of this dividend is Tuesday, December 17th.

Invesco Trust for Investment Grade New York Municipals has decreased its dividend by an average of 9.9% annually over the last three years.

Invesco Trust for Investment Grade New York Municipals Stock Performance

VTN stock opened at $11.55 on Wednesday. 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 company’s 50-day simple moving average is $11.37 and its 200 day simple moving average is $11.29.

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 that occurred on Thursday, October 3rd. The shares were sold at an average price of $11.50, for a total transaction of $9,237,570.50. Following the completion of the transaction, the insider now directly owns 1,877,124 shares in the company, valued at $21,586,926. The trade was a 29.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.00% of the company’s stock.

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.