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Invesco Trust For Investment Grade New York Municipals (Invesco Trust For Investment Grade New York Municipals) Dividend Payout Ratio : 0.29 (As of Feb. 2024)


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What is Invesco Trust For Investment Grade New York Municipals Dividend Payout Ratio?

Invesco Trust For Investment Grade New York Municipals's dividend payout ratio for the months ended in Feb. 2024 was 0.29.

The historical rank and industry rank for Invesco Trust For Investment Grade New York Municipals's Dividend Payout Ratio or its related term are showing as below:

VTN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.34   Med: 1.57   Max: 28.6
Current: 0.48


During the past 7 years, the highest Dividend Payout Ratio of Invesco Trust For Investment Grade New York Municipals was 28.60. The lowest was 0.34. And the median was 1.57.

VTN's Dividend Payout Ratio is ranked better than
73.21% of 948 companies
in the Asset Management industry
Industry Median: 0.81 vs VTN: 0.48

As of today (2024-05-09), the Dividend Yield % of Invesco Trust For Investment Grade New York Municipals is 3.84%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Invesco Trust For Investment Grade New York Municipals was 6.28%. The lowest was 3.75%. And the median was 4.92%.

Invesco Trust For Investment Grade New York Municipals's Dividends per Share for the months ended in Feb. 2024 was $0.21.

During the past 12 months, Invesco Trust For Investment Grade New York Municipals's average Dividends Per Share Growth Rate was -15.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -9.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -8.70% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Invesco Trust For Investment Grade New York Municipals was -5.40% per year. The lowest was -9.80% per year. And the median was -7.15% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Invesco Trust For Investment Grade New York Municipals Dividend Payout Ratio Historical Data

The historical data trend for Invesco Trust For Investment Grade New York Municipals's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Invesco Trust For Investment Grade New York Municipals Dividend Payout Ratio Chart

Invesco Trust For Investment Grade New York Municipals Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Dividend Payout Ratio
Get a 7-Day Free Trial 0.34 - 28.60 - 0.48

Invesco Trust For Investment Grade New York Municipals Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 7.53 1.52 0.29

Competitive Comparison of Invesco Trust For Investment Grade New York Municipals's Dividend Payout Ratio

For the Asset Management subindustry, Invesco Trust For Investment Grade New York Municipals's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Invesco Trust For Investment Grade New York Municipals's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Trust For Investment Grade New York Municipals's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Invesco Trust For Investment Grade New York Municipals's Dividend Payout Ratio falls into.



Invesco Trust For Investment Grade New York Municipals Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Invesco Trust For Investment Grade New York Municipals's Dividend Payout Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Feb. 2024 )/ EPS without NRI (A: Feb. 2024 )
=0.404/ 0.85
=0.48

Invesco Trust For Investment Grade New York Municipals's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2024 )/ EPS without NRI (Q: Feb. 2024 )
=0.207/ 0.713
=0.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Invesco Trust For Investment Grade New York Municipals (NYSE:VTN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Invesco Trust For Investment Grade New York Municipals Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Invesco Trust For Investment Grade New York Municipals's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Invesco Trust For Investment Grade New York Municipals (Invesco Trust For Investment Grade New York Municipals) Business Description

Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, N.E., Suite 1800, Atlanta, GA, USA, 30309
Invesco Trust For Investment Grade New York Municipals is a diversified closed-end management investment company. Its objective is to provide common shareholders with a high level of current income exempt from federal as well as from New York State and New York City income taxes, consistent with preservation of capital.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Glenn Eugene Brightman officer: President & PEO 570 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Stephanie Butcher officer: Senior Vice President 1555 PEACHTREE ST. NE, ATLANTA GA 30309
Tony Wong director, officer: Senior Vice President 1331 SPRING STREET NW, SUITE 2500, ATLANTA GA 30309
Melanie Ringold officer: SVP, CLO and Secretary 1555 PEACHTREE STREE NE, SUITE 1800, ATLANTA GA 30309
Mark William Gregson officer: Chief Accounting Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Terry Vacheron officer: Chief Financial Officer 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Bordewick James R Jr officer: Senior Officer & SVP C/O BANC OF AMERICA INVESTMENT ADVISORS, 100 FEDERAL STREET, BOSTON MA 02110
Scott Cottier other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Mark Demitry other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Michael Camarella other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Adrien Deberghes officer: Vice President,PFO & Treasurer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Laura Allison Dukes officer: SMD and CFO 780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342
Annette Lege director, officer: CFO & CAO 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309

Invesco Trust For Investment Grade New York Municipals (Invesco Trust For Investment Grade New York Municipals) Headlines