Invesco Trust for Investment Grade New York Municipals Dividend
Dividend criteria checks 2/6
Invesco Trust for Investment Grade New York Municipals is a dividend paying company with a current yield of 3.84%.
Key information
3.8%
Dividend yield
261%
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$0.17 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Invesco Trust For Investment Grade New York Municipals declares $0.0371 dividend
Feb 01Invesco Trust For Investment Grade New York Municipals dividend decreases by 11.9% to $ 0.0421
Nov 02Invesco Trust For Investment Grade New York Municipals declares $0.0421 dividend
Oct 04Invesco Trust For Investment Grade New York Municipals declares $0.0421 dividend
Sep 02Invesco Trust For Investment Grade New York Municipals declares $0.0421 dividend
Aug 01Invesco Trust For Investment Grade New York Municipals declares $0.0421 dividend
Jul 05Invesco Trust For Investment Grade New York Municipals declares $0.0478 dividend
May 10Invesco Trust For Investment Grade New York Municipals declares $0.0458 dividend
Feb 01Invesco Trust For Investment Grade New York Municipals declares $0.0458 dividend
Jan 04Invesco Trust For Investment Grade New York Municipals declares $0.0458 dividend
Nov 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VTN's dividend payments have been volatile in the past 10 years.
Growing Dividend: VTN's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Invesco Trust for Investment Grade New York Municipals Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VTN) | 3.8% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (VTN) | n/a |
Notable Dividend: VTN's dividend (3.84%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: VTN's dividend (3.84%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (261.4%), VTN's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.7%), VTN's dividend payments are well covered by cash flows.