Reminder - Invesco Van Kampen Trust for Investment Grade New York Municipals (VTN) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 8/7/14, Invesco Van Kampen Trust for Investment Grade New York Municipals (VTN) will trade ex-dividend, for its monthly dividend of $0.074, payable on 8/29/14. As a percentage of VTN's recent stock price of $13.82, this dividend works out to approximately 0.54%, so look for shares of Invesco Van Kampen Trust for Investment Grade New York Municipals to trade 0.54% lower — all else being equal — when VTN shares open for trading on 8/7/14.

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Below is a dividend history chart for VTN, showing historical dividends prior to the most recent $0.074 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 6.43% 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 $12.81 per share, with $14.62 as the 52 week high point — that compares with a last trade of $13.84.

In Wednesday trading, Invesco Van Kampen Trust for Investment Grade New York Municipals shares are currently off about 0.4% on the day.

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