Invesco Trust for Investment Grade New York Municipal (VTN) Announces Monthly Dividend of $0.06
Invesco Trust for Investment Grade New York Municipal (NYSE:VTN) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, November 15th will be given a dividend of 0.0583 per share by the investment management company on Thursday, November 30th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.16%. The ex-dividend date of this dividend is Tuesday, November 14th.
Invesco Trust for Investment Grade New York Municipal has decreased its dividend payment by an average of 10.4% annually over the last three years.
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Invesco Trust for Investment Grade New York Municipals (the Trust), formerly Invesco Van Kampen Trust for Investment Grade New York Municipals, is a diversified, closed-end management investment trust. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal, as well as from New York State and New York City income taxes, consistent with preservation of capital.
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