Invesco Trust for Investment Grade New York Municipals Declares $0.06851 April Dividend
Invesco Trust for Investment Grade New York Municipals set its April dividend at $0.06851 per share with an ex-dividend date of April 14 and payable date of April 30. A portion of this distribution will be classified as a return of principal under Section 19 requirements.
1. Dividend Declaration Details
The Board of Trustees of Invesco Trust for Investment Grade New York Municipals declared a monthly dividend of $0.06851 per share. Key dates include an ex-dividend and record date of April 14, a reinvestment date of April 30, and a payable date of April 30.
2. Distribution Source and Investor Implications
A portion of the April distribution is estimated to be a return of principal, triggering a Section 19 notice for shareholders. Final tax characterization will be reported on Form 1099-DIV after year-end, and investors should note that share prices may trade at discounts or premiums to NAV.