Invesco Trust for Investment Grade Municipals Dividend
Dividend criteria checks 2/6
Invesco Trust for Investment Grade Municipals is a dividend paying company with a current yield of 4.48%.
Key information
4.5%
Dividend yield
-44,695%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -US$0.0011 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Invesco Trust for Investment Grade Municipals dividend declines by 4.4% to $0.0393
Feb 01Invesco Trust for Investment Grade Municipals declares $0.0411 dividend
Jan 03Invesco Trust for Investment Grade Municipals dividend decreases by 10.5% to $ 0.0459
Nov 02Invesco Trust for Investment Grade Municipals declares $0.0459 dividend
Oct 04Invesco Trust for Investment Grade Municipals declares $0.0459 dividend
Sep 02Invesco Trust for Investment Grade Municipals declares $0.0459 dividend
Aug 01Invesco Trust for Investment Grade Municipals cuts dividend by 7% to $0.0459
Jul 05Invesco Trust for Investment Grade Municipals declares $0.055 dividend
May 10Invesco Trust for Investment Grade Municipals declares $0.055 dividend
Feb 01Invesco Trust for Investment Grade Municipals declares $0.0535 dividend
Jan 04Invesco Trust for Investment Grade Municipals declares $0.0535 dividend
Nov 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VGM's dividend payments have been volatile in the past 10 years.
Growing Dividend: VGM's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Invesco Trust for Investment Grade Municipals Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VGM) | 4.5% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (VGM) | n/a |
Notable Dividend: VGM's dividend (4.48%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: VGM's dividend (4.48%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: VGM is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17%), VGM's dividend payments are well covered by cash flows.