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Invesco Trust for Investment Grade New York Municipal Stock Dividends Overview

VTN pays dividends monthly. Last paid amount was $0.0394 at Apr 30, 2024. As of today, dividend yield (TTM) is 3.82%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 3.82%
Frequency Monthly
1Y Growth 19.39%
Payout Ratio 0
Amount Per Share $0.0394
Next Ex-Dividend Date May 15, 2024
Next Payment Date May 31, 2024

VTN Dividend Payout History

To ensure a understanding of VTN'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.


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 15, 2024 May 15, 2024 May 31, 2024 $0.0394 0.368%
2 Apr 01, 2024 Apr 15, 2024 Apr 30, 2024 $0.0394 0.380%
3 Mar 01, 2024 Mar 14, 2024 Mar 28, 2024 $0.0394 0.367%
4 Jan 29, 2024 Feb 15, 2024 Feb 29, 2024 $0.0394 0.374%
5 Jan 02, 2024 Jan 16, 2024 Jan 31, 2024 $0.0320 0.303%
6 Dec 14, 2023 Dec 14, 2023 Dec 14, 2023 $0 0%
7 Nov 01, 2023 Nov 14, 2023 Nov 30, 2023 $0.0320 0.321%
8 Oct 02, 2023 Oct 13, 2023 Oct 31, 2023 $0.0320 0.373%
9 Sep 01, 2023 Sep 14, 2023 Sep 29, 2023 $0.0320 0.351%
10 Aug 01, 2023 Aug 14, 2023 Aug 31, 2023 $0.0330 0.336%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (85.22%)

Growth potential

No dividend expected

VTN Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from VTN 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 VTN stock here.

Comparing VTN to Sector and Country

VTN pays a solid dividend yield of 3.82%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.84%). VTN’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.05%), which means that there are more attractive dividend stocks to consider.

VTN Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
SCM
Stellus Capital Investment Corporation 342.342M $0.133 11.90% 141.48%
VTN
Invesco Trust for Investment Grade New York Municipal 208.451M $0.0394 3.82% 29.79%

FAQ

What factors can affect the amount of VTN's dividend payments?
The amount of VTN's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in VTN sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from VTN stock be automatically reinvested?
If VTN offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy VTN stock.

How often does VTN pay dividend?
Invesco Trust for Investment Grade New York Municipal (VTN) pays dividends monthly. The most recent payout was on Apr 30, 2024. The upcoming dividend Ex Date is May 15, 2024, with an amount of $0.0394.

How much does VTN pays per share?
The last recorder (Apr 15, 2024) dividend per share was $0.0394.

What is VTN dividend growth rate?
Over the last year, Invesco Trust for Investment Grade New York Municipal has witnessed growth rate of 19.39% . Looking back over the past 3 years, this growth rate has been -6.37%. Furthermore, examining the past 5 years, Invesco Trust for Investment Grade New York Municipal has maintained an average Dividends Per Share Growth Rate of -5.03%.
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About Invesco Trust for Investment Grade New York Municipal

Invesco Trust for Investment Grade New York Municipals is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed income markets of the United States. The f... VTN Profile

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