Invesco Trust for Investment Grade Stock Dividends
VGM pays dividends monthly. Last paid amount was $0.0388 at Apr 30, 2024. As of today, dividend yield (TTM) is 4.21%.
Dividend Yield Range
AI Analysis of VGM
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.21% |
|---|---|
| Frequency | Monthly |
| 1Y Growth | 7.78% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0388 |
| Next Ex-Dividend Date | May 15, 2024 |
| Next Payment Date | May 31, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from VGM the purchase should be done within the next 3 days.
Here's a simple guide on how to buy VGM stock.
VGM Dividend Payout History
To ensure a understanding of VGM's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 71 | Jul 03, 2018 | Jul 16, 2018 | Jul 31, 2018 | $0.0600 | 0.487% |
| 72 | Jun 01, 2018 | Jun 12, 2018 | Jun 29, 2018 | $0.0600 | 0.485% |
| 73 | May 02, 2018 | May 14, 2018 | May 31, 2018 | $0.0600 | 0.475% |
| 74 | Apr 03, 2018 | Apr 16, 2018 | Apr 30, 2018 | $0.0600 | 0.492% |
| 75 | Mar 02, 2018 | Mar 14, 2018 | Mar 29, 2018 | $0.0600 | 0.491% |
| 76 | Feb 02, 2018 | Feb 14, 2018 | Feb 28, 2018 | $0.0640 | 0.512% |
| 77 | Jan 03, 2018 | Jan 23, 2018 | Jan 31, 2018 | $0.0640 | 0.507% |
| 78 | Dec 04, 2017 | Dec 12, 2017 | Dec 29, 2017 | $0.0640 | 0.486% |
| 79 | Nov 02, 2017 | Nov 14, 2017 | Nov 30, 2017 | $0.0640 | 0.487% |
| 80 | Oct 03, 2017 | Oct 12, 2017 | Oct 31, 2017 | $0.0640 | 0.492% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
VGM Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from VGM dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in VGM stock here.
Comparing VGM to Sector and Country
VGM pays a solid dividend yield of 4.21%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.84%). VGM’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.06%), which means that there are more attractive dividend stocks to consider.
VGM Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Invesco Trust for Investment Grade Municipals | 535.27M | $0.0388 | 4.21% | 68.23% | |
| Templeton Dragon Fund Inc | 289.7M | $1.30 | 0% | - |
