VTN Ex-Dividend Reminder - 5/9/13

Looking at the universe of stocks we cover at Dividend Channel, on 5/9/13, Invesco Van Kampen Trust for Investment Grade New York Municipals ( VTN) will trade ex-dividend, for its monthly dividend of $0.084, payable on 5/31/13. 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 5/9/13.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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:

VTN+Dividend+History+Chart

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. The chart below shows the one year performance of VTN shares, versus its 200 day moving average:

Invesco Van Kampen Trust for Investment Grade New York Municipals 200 Day Moving Average Chart

Looking at the chart above, VTN's low point in its 52 week range is $15.37 per share, with $17.40 as the 52 week high point — that compares with a last trade of $16.19.

In Tuesday trading, Invesco Van Kampen Trust for Investment Grade New York Municipals shares are currently down about 0.3% on the day.

null

If you liked this article you might like

3 Stocks With Upcoming Ex-Dividend Dates: VTN, VKQ, HYT

3 Stocks With Upcoming Ex-Dividend Dates: CIF, VTN, NPT

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: VTN, EDF, RVT

3 Stocks With Upcoming Ex-Dividend Dates: VTN, LEO, RCS

3 Stocks Going Ex-Dividend Tomorrow: VTN, VKI, PML