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Invesco Municipal Trust (Invesco Municipal Trust) 5-Year Dividend Growth Rate

: -4.60% (As of Aug. 2023)
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Invesco Municipal Trust's Dividends per Share for the six months ended in Aug. 2023 was $0.22.

During the past 12 months, Invesco Municipal Trust's average Dividends Per Share Growth Rate was -21.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -4.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.60% 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.

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Invesco Municipal Trust was -1.20% per year. The lowest was -5.20% per year. And the median was -4.70% per year.

Invesco Municipal Trust's Dividend Payout Ratio for the six months ended in Aug. 2023 was 1.36. As of today, Invesco Municipal Trust's Dividend Yield % is 4.68%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Invesco Municipal Trust is 23.05, which seems too high.

Warning Sign:

Invesco Municipal Trust stock dividend yield is close to 10-year low.

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


Competitive Comparison

For the Asset Management subindustry, Invesco Municipal Trust's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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 Municipal Trust 5-Year Dividend Growth Rate Distribution

For the Asset Management industry and Financial Services sector, Invesco Municipal Trust's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Invesco Municipal Trust's 5-Year Dividend Growth Rate falls into.



Invesco Municipal Trust 5-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 least square regression.

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 Municipal Trust  (NYSE:VKQ) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Invesco Municipal Trust's Dividend Payout Ratio for the quarter that ended in Aug. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Aug. 2023 )/ EPS without NRI (Q: Aug. 2023 )
=0.217/ 0.16
=1.36

During the past 6 years, the highest Dividend Payout Ratio of Invesco Municipal Trust was 23.05. The lowest was 0.36. And the median was 1.53.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Invesco Municipal Trust is 23.05, which seems too high.

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

Invesco Municipal Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0392024-04-152024-04-162024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0392024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0392024-02-152024-02-162024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0352024-01-162024-01-172024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0352023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0352023-11-142023-11-152023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0352023-10-132023-10-162023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0352023-09-142023-09-152023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0362023-08-142023-08-152023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0362023-07-142023-07-172023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0362023-06-142023-06-152023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0362023-05-122023-05-152023-05-31Cash 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 Municipal Trust's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.436/9.295
=4.69 %

Current Share Price is $9.295.
Invesco Municipal Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.436.

During the past 6 years, the highest Dividend Yield of Invesco Municipal Trust was 7.49%. The lowest was 4.31%. And the median was 5.46%.

Warning Sign:

Invesco Municipal Trust stock dividend yield is close to 10-year low.

* 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 Municipal Trust 5-Year Dividend Growth Rate Related Terms

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Invesco Municipal Trust (Invesco Municipal Trust) Business Description

Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, North East, Suite 1800, Atlanta, GA, USA, 30309
Invesco Municipal Trust is a diversified, closed-end management investment company. The company's investment objective is to provide a high level of current income exempt from federal income tax, consistent with preservation of capital.
Executives
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
Josh Cooney other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Rebecca Setcavage 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
Td Group Us Holdings Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Toronto Dominion Investments, Inc. 10 percent owner 909 FANIN, SUITE 1950, HOUSTON TX 77010
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Toronto Dominion Holdings Usa Inc 10 percent owner 40 WALL STREET, NEW YORK NY 10003
Wells Fargo Bank N A 10 percent owner 101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104