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Invesco Municipal Trust (Invesco Municipal Trust) Dividend Payout Ratio : 1.36 (As of Aug. 2023)


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What is Invesco Municipal Trust Dividend Payout Ratio?

Invesco Municipal Trust's dividend payout ratio for the months ended in Aug. 2023 was 1.36.

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.

The historical rank and industry rank for Invesco Municipal Trust's Dividend Payout Ratio or its related term are showing as below:

VKQ' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.53   Max: 23.05
Current: 23.05

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.

VKQ's Dividend Payout Ratio is ranked worse than
98.83% of 938 companies
in the Asset Management industry
Industry Median: 0.82 vs VKQ: 23.05

As of today (2024-04-29), the Dividend Yield % of Invesco Municipal Trust is 4.66%.

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

Invesco Municipal Trust's Dividends per Share for the 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.

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.

The growth rate is calculated with least square regression.

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

Invesco Municipal Trust Dividend Payout Ratio Historical Data

The historical data trend for Invesco Municipal Trust'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 Municipal Trust Dividend Payout Ratio Chart

Invesco Municipal Trust Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Dividend Payout Ratio
Get a 7-Day Free Trial 1.58 0.36 5.07 - -

Invesco Municipal Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 - - - 1.36

Competitive Comparison of Invesco Municipal Trust's Dividend Payout Ratio

For the Asset Management subindustry, Invesco Municipal Trust'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 Municipal Trust's Dividend Payout Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Invesco Municipal Trust's Dividend Payout Ratio falls into.


Invesco Municipal Trust Dividend Payout Ratio Calculation

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

Invesco Municipal Trust's Dividend Payout Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Feb. 2023 )/ EPS without NRI (A: Feb. 2023 )
=0.523/ -1.64
=N/A

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

* 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 (NYSE:VKQ) 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 Municipal Trust Dividend Payout Ratio Related Terms

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

Invesco Municipal Trust (Invesco Municipal Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Invesco Municipal Trust (NYSE:VKQ) » Definitions » Dividend Payout Ratio
Comparable Companies
BLW CCD GAIN FDUS CEM DSU BTO DHIL GAMI PDT BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, North East, Suite 1800, Atlanta, GA, USA, 30309
Website
https://www.invesco.com
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