VTN (Invesco Trust For Investment Grade New York Municipals) Dividend Payout Ratio: 0.34 (As of Feb. 2026) — 78% Below Median


VTN Invesco Trust For Investment Grade New York Municipals VTN
33 GF Score
Price $11.27
! 7 Warning Signs
View Full Analysis

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

Invesco Trust For Investment Grade New York Municipals VTN +0.18% 33 Dividend Payout Ratio is 0.34 as of Feb. 2026, which is 78% below its 10-year median of 1.57. GuruFocus rates VTN with a GF Score™ of 33/100. The stock has 7 warning signs investors should review. Among 935 Asset Management companies, Invesco Trust For Investment Grade New York Municipals ranks worse than 90.59% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Invesco Trust For Investment Grade New York Municipals's Dividend Payout Ratio for the months ended in Feb. 2026 was 0.34.

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.

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: 2.74

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.

VTN's Dividend Payout Ratio is ranked worse than
90.59% of 935 companies
in the Asset Management industry
Industry Median: 0.71 vs VTN: 2.74

As of today (2026-06-24), the Dividend Yield % of Invesco Trust For Investment Grade New York Municipals is 7.30%.

During the past 9 years, the highest Trailing Annual Dividend Yield of Invesco Trust For Investment Grade New York Municipals was 7.87%. The lowest was 3.46%. And the median was 4.96%.

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

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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

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

In dividends investing, Dividend 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

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

* Premium members only.

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.

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 Feb25 Feb26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only 28.60 0.00 0.48 2.63 2.74

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 Aug24 Feb25 Aug25 Feb26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 1.41 7.47 0.00 0.34

VTN vs NNY, GLQ, NAZ: Dividend Payout Ratio Comparison

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 Dividend Payout Ratio vs 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.


VTN
33GF Score
Invesco Trust For Investment Grade New York Municipals VTN
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Invesco Trust For Investment Grade New York Municipals's Dividend Payout Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Feb. 2026 )/ EPS without NRI (A: Feb. 2026 )
=0.822/ 0.3
=2.74

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

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.34 mean?
Invesco Trust For Investment Grade New York Municipals (VTN) has a Dividend Payout Ratio of 0.34 as of Feb. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Invesco Trust For Investment Grade New York Municipals and its competitors. This is 78% below median its historical median of 1.57. Over the past decade, Invesco Trust For Investment Grade New York Municipals' Dividend Payout Ratio has ranged from 0.34 to 28.60. According to the industry distribution chart, Invesco Trust For Investment Grade New York Municipals ranks #847 out of 935 companies in the Asset Management industry, placing it in the top 90.6%.
Is Invesco Trust For Investment Grade New York Municipals' Dividend Payout Ratio too high?
Invesco Trust For Investment Grade New York Municipals' current Dividend Payout Ratio of 0.34 is 78% below median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 28.60. The Asset Management industry median Dividend Payout Ratio is 0.71. Invesco Trust For Investment Grade New York Municipals' value of 0.34 is 52.1% below this industry median. Based on the distribution chart, Invesco Trust For Investment Grade New York Municipals ranks #847 out of 935 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Invesco Trust For Investment Grade New York Municipals has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Invesco Trust For Investment Grade New York Municipals' Dividend Payout Ratio compare to NNY and GLQ?
According to the Asset Management industry distribution chart, Invesco Trust For Investment Grade New York Municipals ranks #847 out of 935 companies for Dividend Payout Ratio. This places Invesco Trust For Investment Grade New York Municipals in the lower half of its industry. The industry median Dividend Payout Ratio is 0.71. Invesco Trust For Investment Grade New York Municipals' value of 0.34 is 52.1% below this benchmark. Historically, Invesco Trust For Investment Grade New York Municipals' own Dividend Payout Ratio has ranged from 0.34 to 28.60 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 0.71, Invesco Trust For Investment Grade New York Municipals has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.71, based on 935 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio 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 Dividend Payout Ratio of 0.34 is 52.1% below 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Invesco Trust For Investment Grade New York Municipals and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.71 — 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 Dividend Payout Ratio is 0.34, which is 78% below median its own 10-year median of 1.57. 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 Dividend Payout Ratio of 0.34. The current Dividend Payout Ratio is 0.34, which is 78% below median its 10-year median of 1.57 and 52.1% below the Asset Management industry median of 0.71. Invesco Trust For Investment Grade New York Municipals' overall GF Score™ is 33/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Invesco Trust For Investment Grade New York Municipals (VTN), the current Dividend Payout Ratio is 0.34 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.
33GF Score

Get the complete analysis for VTN

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.27
Price