VTN (Invesco Trust For Investment Grade New York Municipals) 3-Year Dividend Growth Rate: 19.80% (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

VTN Invesco Trust For Investment Grade New York Municipals VTN
32 GF Score
Price $10.55
! 5 Warning Signs
View Full Analysis

What is Invesco Trust For Investment Grade New York Municipals 3-Year Dividend Growth Rate?

Invesco Trust For Investment Grade New York Municipals VTN -0.44% 32 3-Year Dividend Growth Rate is 19.80% as of Feb. 2026. GuruFocus rates VTN with a GF Score™ of 32/100. The stock has 5 warning signs investors should review. Among 846 Asset Management companies, Invesco Trust For Investment Grade New York Municipals ranks better than 84.87% on this metric.

Invesco Trust For Investment Grade New York Municipals's Dividends per Share for the six months ended in Feb. 2026 was $0.41.

The historical rank and industry rank for Invesco Trust For Investment Grade New York Municipals's 3-Year Dividend Growth Rate or its related term are showing as below:

VTN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -9.8   Med: -6.15   Max: 19.8
Current: 19.8

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Invesco Trust For Investment Grade New York Municipals was 19.80% per year. The lowest was -9.80% per year. And the median was -6.15% per year.

VTN's 3-Year Dividend Growth Rate is ranked better than
84.87% of 846 companies
in the Asset Management industry
Industry Median: 3.8 vs VTN: 19.80

During the past 12 months, Invesco Trust For Investment Grade New York Municipals's average Dividends Per Share Growth Rate was 7.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Invesco Trust For Investment Grade New York Municipals's Dividend Payout Ratio for the six months ended in Feb. 2026 was 0.34. As of today, Invesco Trust For Investment Grade New York Municipals's Dividend Yield % is 7.80%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Invesco Trust For Investment Grade New York Municipals is 2.74, which seems too high.

Good Sign:

Invesco Trust For Investment Grade New York Municipals stock Dividend Yield % is close to 10-year high.

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


Invesco Trust For Investment Grade New York Municipals  (NYSE:VTN) 3-Year Dividend Growth Rate Explanation

1. 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 quarter that ended in Feb. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2026 )/ EPS without NRI (Q: Feb. 2026 )
=0.411/ 1.2
=0.34

During the past 9 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.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Invesco Trust For Investment Grade New York Municipals is 2.74, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Invesco Trust For Investment Grade New York Municipals Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0685002026-08-172026-08-172026-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0685002026-07-142026-07-142026-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0685002026-06-152026-06-152026-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0685002026-05-142026-05-142026-05-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0685002026-04-142026-04-142026-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0685002026-03-162026-03-162026-03-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0685002026-02-172026-02-172026-02-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.0685002026-01-152026-01-152026-01-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0685002025-12-162025-12-162025-12-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0685002025-11-172025-11-172025-11-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0685002025-10-162025-10-162025-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0685002025-09-162025-09-162025-09-30Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Invesco Trust For Investment Grade New York Municipals's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.822/10.5459
=7.79 %

Current Share Price is $10.5459.
Invesco Trust For Investment Grade New York Municipals's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.822.

During the past 9 years, the highest Dividend Yield of Invesco Trust For Investment Grade New York Municipals was 7.87%. The lowest was 3.46%. And the median was 4.97%.

Good Sign:

Invesco Trust For Investment Grade New York Municipals stock Dividend Yield % is close to 10-year high.

* 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 3-Year Dividend Growth Rate Related Terms>


VTN vs NAZ, NNY, DFDV: 3-Year Dividend Growth Rate Comparison

For the Asset Management subindustry, Invesco Trust For Investment Grade New York Municipals's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Trust For Investment Grade New York Municipals's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Invesco Trust For Investment Grade New York Municipals's 3-Year Dividend Growth Rate falls into.


VTN
32GF Score
Invesco Trust For Investment Grade New York Municipals VTN
3-Year Dividend Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Invesco Trust For Investment Grade New York Municipals 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

What does a 3-Year Dividend Growth Rate of 19.80% mean?
Invesco Trust For Investment Grade New York Municipals (VTN) has a 3-Year Dividend Growth Rate of 19.80% as of Feb. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Invesco Trust For Investment Grade New York Municipals and its competitors. According to the industry distribution chart, Invesco Trust For Investment Grade New York Municipals ranks #128 out of 846 companies in the Asset Management industry, placing it in the top 15.1%.
Is Invesco Trust For Investment Grade New York Municipals' 3-Year Dividend Growth Rate too high?
Invesco Trust For Investment Grade New York Municipals' current 3-Year Dividend Growth Rate is 19.80%. The Asset Management industry median 3-Year Dividend Growth Rate is 3.80. Invesco Trust For Investment Grade New York Municipals' value of 19.80% is 421.1% above this industry median. Based on the distribution chart, Invesco Trust For Investment Grade New York Municipals ranks #128 out of 846 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Invesco Trust For Investment Grade New York Municipals has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Invesco Trust For Investment Grade New York Municipals' 3-Year Dividend Growth Rate compare to NAZ and NNY?
According to the Asset Management industry distribution chart, Invesco Trust For Investment Grade New York Municipals ranks #128 out of 846 companies for 3-Year Dividend Growth Rate. This places Invesco Trust For Investment Grade New York Municipals in the top 15% of its industry — outperforming the majority of peers. The industry median 3-Year Dividend Growth Rate is 3.80. Invesco Trust For Investment Grade New York Municipals' value of 19.80% is 421.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for an Asset Management company?
The median 3-Year Dividend Growth Rate among Asset Management companies is 3.80, based on 846 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Invesco Trust For Investment Grade New York Municipals's current 3-Year Dividend Growth Rate of 19.80% is 421.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Invesco Trust For Investment Grade New York Municipals and its competitors. For the Asset Management industry, the median 3-Year Dividend Growth Rate is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Invesco Trust For Investment Grade New York Municipals's current 3-Year Dividend Growth Rate is 19.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invesco Trust For Investment Grade New York Municipals stock overvalued right now?
Invesco Trust For Investment Grade New York Municipals (VTN) has a current 3-Year Dividend Growth Rate of 19.80%. The current 3-Year Dividend Growth Rate is 19.80% and 421.1% above the Asset Management industry median of 3.80. Invesco Trust For Investment Grade New York Municipals' overall GF Score™ is 32/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Invesco Trust For Investment Grade New York Municipals (VTN), the current 3-Year Dividend Growth Rate is 19.80% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Invesco Trust For Investment Grade New York Municipals Business Description

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.
32GF Score

Get the complete analysis for VTN

3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.55
Price