Invesco High Income 2023 Target Term Fund

NYSE:IHIT Stock Report

Mkt Cap: US$164.4m

Invesco High Income 2023 Target Term Fund Dividend

Dividend criteria checks 2/6

Invesco High Income 2023 Target Term Fund is a dividend paying company with a current yield of 3.53%.

Key information

3.5%

Dividend yield

-170%

Payout ratio

Industry average yield2.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$0.24
Earnings per share-US$0.25
Dividend yield forecast in 3Yn/a

Recent dividend updates

No updates

Recent updates

IHIT: Disappointing Performance (Rating Downgrade)

Aug 09

Invesco High Income 2023 Target Term Fund declares $0.035 dividend

Feb 01

Invesco High Income 2023 Target Term Fund declares $0.035 dividend

Jan 03

Invesco High Income 2023 Target Term Fund declares $0.035 dividend

Oct 04

Invesco High Income 2023 Target Term Fund declares $0.035 dividend

Sep 02

Invesco High Income 2023 Target Term Fund declares $0.035 dividend

Aug 01

Invesco High Income 2023 Target Term Fund declares $0.05 dividend

Feb 01

Invesco High Income 2023 Target Term Fund declares $0.05 dividend

Jan 04

Invesco High Income 2023 Target Term Fund declares $0.05 dividend

Dec 01

IHIT: Some Good News From The Latest Report

Nov 07

Invesco High Income 2023 Target Term Fund declares $0.05 dividend

Nov 02

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: IHIT has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: IHIT has only been paying a dividend for 7 years, and since then payments have fallen.


Dividend Yield vs Market

Invesco High Income 2023 Target Term Fund Dividend Yield vs Market
How does IHIT dividend yield compare to the market?
SegmentDividend Yield
Company (IHIT)3.5%
Market Bottom 25% (US)1.7%
Market Top 25% (US)5.2%
Industry Average (Capital Markets)2.9%
Analyst forecast in 3 Years (IHIT)n/a

Notable Dividend: IHIT's dividend (3.53%) is higher than the bottom 25% of dividend payers in the US market (1.65%).

High Dividend: IHIT's dividend (3.53%) is low compared to the top 25% of dividend payers in the US market (5.09%).


Earnings Payout to Shareholders

Earnings Coverage: IHIT is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (53.2%), IHIT's dividend payments are covered by cash flows.