Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Invesco Trust for Investment Grade New York Municipals (VTN)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$5.58 - $7.55$6.58
Multi-Stage$19.56 - $21.67$20.59
Blended Fair Value$13.59
Current Price$10.71
Upside26.86%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS-7.65%-7.83%0.400.400.490.610.590.600.680.740.800.88
YoY Growth--0.41%-17.91%-19.55%3.60%-2.24%-11.16%-8.41%-8.19%-8.71%-3.34%
Dividend Yield--3.76%3.81%4.84%4.98%4.47%4.42%5.21%5.64%5.96%5.82%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)22.25
(-) Cash Dividends Paid (M)14.68
(=) Cash Retained (M)7.57
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)4.452.781.67
Cash Retained (M)7.577.577.57
(-) Cash Required (M)-4.45-2.78-1.67
(=) Excess Retained (M)3.124.795.90
(/) Shares Outstanding (M)18.2618.2618.26
(=) Excess Retained per Share0.170.260.32
LTM Dividend per Share0.800.800.80
(+) Excess Retained per Share0.170.260.32
(=) Adjusted Dividend0.971.071.13
WACC / Discount Rate6.14%6.14%6.14%
Growth Rate-9.65%-8.65%-7.65%
Fair Value$5.58$6.58$7.55
Upside / Downside-47.93%-38.53%-29.54%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)22.2520.3218.5716.9615.4914.1514.58
Payout Ratio65.99%70.79%75.59%80.39%85.20%90.00%92.50%
Projected Dividends (M)14.6814.3914.0313.6313.2012.7413.48

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.14%6.14%6.14%
Growth Rate-9.65%-8.65%-7.65%
Year 1 PV (M)13.4113.5513.70
Year 2 PV (M)12.1912.4612.73
Year 3 PV (M)11.0311.4011.78
Year 4 PV (M)9.9510.4010.86
Year 5 PV (M)8.959.459.98
PV of Terminal Value (M)301.66318.73336.56
Equity Value (M)357.18375.99395.62
Shares Outstanding (M)18.2618.2618.26
Fair Value$19.56$20.59$21.67
Upside / Downside82.64%92.26%102.29%

High-Yield Dividend Screener

« Prev Page 105 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
688006.SSZhejiang HangKe Technology Incorporated Company0.77%$0.2340.60%
688106.SSSuzhou Jinhong Gas Co.,Ltd.0.77%$0.1567.86%
688665.SSCubic Sensor and Instrument Co., Ltd0.77%$0.3823.98%
7187.TJ-Lease Co.,Ltd.0.77%$11.208.80%
9879.HKMigao Group Holdings Limited0.77%$0.069.90%
AERAerCap Holdings N.V.0.77%$1.125.14%
BKL.AXBlackmores Limited0.77%$0.7337.39%
BORRBorr Drilling Limited0.77%$0.0312.72%
NTHOL.ISNet Holding A.S.0.77%$0.386.82%
OSWOneSpaWorld Holdings Limited0.77%$0.1622.40%
PAP.ATPapoutsanis S.A.0.77%$0.0313.39%
002444.SZHangzhou Greatstar Industrial Co., Ltd0.76%$0.2612.20%
002821.SZAsymchem Laboratories (Tianjin) Co., Ltd.0.76%$0.7124.14%
300174.SZFujian Yuanli Active Carbon Co.,Ltd.0.76%$0.1217.32%
300739.SZSunshine Global Circuits Co.,Ltd.0.76%$0.1496.29%
5457.TWOSpeed Tech Corp.0.76%$0.3212.63%
600223.SSLushang Freda Pharmaceutical Co., Ltd. Class A0.76%$0.0626.50%
600305.SSJiangsu Hengshun Vinegar-Industry Co.,Ltd0.76%$0.0644.11%
601689.SSNingbo Tuopu Group Co.,Ltd.0.76%$0.5937.35%
603276.SSJiangsu Hengxing New Material0.76%$0.1363.62%
603602.SSHangzhou Freely Communication Co., Ltd.0.76%$0.1187.04%
6037.TRakumachi,inc.0.76%$8.2614.70%
688518.SSShenzhen United Winners Laser Co., Ltd.0.76%$0.1935.43%
BIR-PA.TOBirchcliff Energy Ltd.0.76%$0.1970.83%
BNTBrookfield Wealth Solutions Ltd.0.76%$0.358.16%
GOTL-A.STRederiaktiebolaget Gotland (publ)0.76%$20.3159.62%
002700.KSShinil Electronics Co.,Ltd0.75%$9.9221.49%
019180.KSTHN Corporation0.75%$60.022.14%
1471.HKZhongmiao0.75%$0.1337.87%
2492.TInfomart Corporation0.75%$3.1644.10%
300176.SZGuangDong HongTeo Technology Co.,Ltd. Class A0.75%$0.0574.24%
300790.SZDongGuan YuTong Optical Technology Co.,Ltd.0.75%$0.2235.26%
300971.SZXiangyang BOYA Precision Industrial Equipments Co., Ltd0.75%$0.1829.36%
329180.KSHd Hyundai Heavy Industries Co., Ltd.0.75%$3,761.2225.83%
375500.KSDL E&C Co.,Ltd.0.75%$300.9316.73%
603538.SSNingbo Menovo Pharmaceutical Co., Ltd.0.75%$0.1434.15%
603698.SSChangzheng Engineering Co.,LTD0.75%$0.2979.72%
603979.SSJCHX Mining Management Co.,Ltd.0.75%$0.5716.95%
605128.SSShanghai Yanpu Metal Products Co.,Ltd0.75%$0.2837.61%
6693.HKChifeng Gold0.75%$0.2319.89%
7092.TFast Fitness Japan Incorporated0.75%$17.2313.99%
9072.TNIKKON Holdings Co.,Ltd.0.75%$25.5719.54%
9822.KLSAM Engineering & Equipment (M) Berhad0.75%$0.0322.52%
NZL.NZNew Zealand Rural Land Company Limited0.75%$0.013.51%
TOSK.JKTopindo Solusi Komunika Tbk.0.75%$0.4726.94%
WTON.JKPT Wijaya Karya Beton Tbk0.75%$0.7516.39%
000800.SZFAW Jiefang Group Co., Ltd0.74%$0.0539.16%
002101.SZGuangdong Hongtu Technology (holdings) Co.,Ltd.0.74%$0.0916.78%
002145.SZTinergy Chemical Co., Ltd.0.74%$0.0430.03%
002463.SZWus Printed Circuit (Kunshan) Co., Ltd.0.74%$0.5430.40%