Looking at the universe of stocks we cover at Dividend Channel, on 4/9/13, Invesco Van Kampen Trust for Investment Grade New York Municipals (VTN)VTN will trade ex-dividend, for its monthly dividend of $0.084, payable on 4/30/13. As a percentage of VTN's recent stock price of $16.10, this dividend works out to approximately 0.52%, so look for shares of Invesco Van Kampen Trust for Investment Grade New York Municipals to trade 0.52% lower — all else being equal — when VTN shares open for trading on 4/9/13.
Below is a dividend history chart for VTN, showing historical dividends prior to the most recent $0.084 declared by Invesco Van Kampen Trust for Investment Grade New York Municipals:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from VTN is likely to continue, and whether the current estimated yield of 6.26% on annualized basis is a reasonable expectation of annual yield going forward.
In Friday trading, Invesco Van Kampen Trust for Investment Grade New York Municipals shares are currently up about 0.6% on the day.
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