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$5.48 - $7.40$6.47
Multi-Stage$18.06 - $19.99$19.01
Blended Fair Value$12.74
Current Price$10.71
Upside18.92%
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 Rate6.41%6.41%6.41%
Growth Rate-9.65%-8.65%-7.65%
Fair Value$5.48$6.47$7.40
Upside / Downside-48.80%-39.62%-30.88%

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 Rate6.41%6.41%6.41%
Growth Rate-9.65%-8.65%-7.65%
Year 1 PV (M)13.3713.5213.67
Year 2 PV (M)12.1212.3912.67
Year 3 PV (M)10.9511.3211.69
Year 4 PV (M)9.8510.3010.75
Year 5 PV (M)8.849.349.86
PV of Terminal Value (M)274.66290.20306.43
Equity Value (M)329.79347.06365.07
Shares Outstanding (M)18.2618.2618.26
Fair Value$18.06$19.01$19.99
Upside / Downside68.63%77.46%86.67%

High-Yield Dividend Screener

« Prev Page 115 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002515.SZJinzi Ham Co.,Ltd.0.49%$0.0366.70%
094480.KQGalaxiaMoneytree Co.,Ltd0.49%$45.0538.73%
0JG5.LBittium Oyj0.49%$0.1452.63%
0REZ.LAddLife AB (publ)0.49%$0.7523.10%
102710.KQENF Technology Co., Ltd.0.49%$243.137.08%
300171.SZTofflon Science and Technology Group Co., Ltd.0.49%$0.0833.65%
300351.SZZhejiang Yonggui Electric Equipment Co., Ltd.0.49%$0.0935.92%
600528.SSChina Railway Hi-tech Industry Corporation Limited0.49%$0.046.13%
600592.SSFujian Longxi Bearing (Group) Co., Ltd0.49%$0.1369.32%
603179.SSJiangsu Xinquan Automotive Trim Co.,Ltd.0.49%$0.3619.37%
688377.SSNanjing Develop Advanced Manufacturing Co., Ltd.0.49%$0.1830.90%
688617.SSAPT Medical Inc.0.49%$1.2022.16%
688728.SSGalaxyCore Inc.0.49%$0.0781.53%
8818.TKeihanshin Building Co., Ltd.0.49%$9.539.42%
ALSTI.PASTIF S.a.0.49%$0.265.48%
BRGE5.SAConsórcio Alfa de Administração S.A.0.49%$0.0714.26%
DNORD.CODampskibsselskabet Norden A/S0.49%$1.2325.43%
MAKRO.BKSiam Makro Public Company Limited0.49%$0.1824.56%
OROR Royalties Inc.0.49%$0.1722.03%
SEALMATIC.BOSealmatic India Limited0.49%$1.837.91%
TUB.BRFinancière de Tubize S.A.0.49%$1.0425.35%
ZFSTEERING.BOZF Steering Gear (India) Limited0.49%$3.9533.81%
000931.SZBeijing Centergate Technologies (holding) Co., Ltd.0.48%$0.0234.16%
002051.SZChina CAMC Engineering Co., Ltd.0.48%$0.0418.75%
002245.SZJiangsu Azure Corporation0.48%$0.0913.88%
002510.SZTianjin Motor Dies Co.,Ltd.0.48%$0.0462.40%
002518.SZShenzhen KSTAR Science and Technology Co., Ltd.0.48%$0.2327.91%
002625.SZKuang-Chi Technologies Co., Ltd.0.48%$0.2369.49%
300718.SZZhejiang Changsheng Sliding Bearings Co., Ltd.0.48%$0.4149.19%
3162.TWOUnited Alloy-Tech Company0.48%$0.3012.28%
5452.TWOUNIC Technology Corp.0.48%$0.1550.09%
600580.SSWolong Electric Group Co.,Ltd.0.48%$0.2437.73%
603217.SSYuanli Chemical Group Co.,Ltd.0.48%$0.1212.42%
603701.SSZhejiang Dehong Automotive Electronic & Electrical Co., Ltd.0.48%$0.1060.08%
688259.SSTriductor Technology (Suzhou) Inc.0.48%$0.2027.03%
688501.SSQingdao Daneng Environmental Protection Equipment Co., Ltd.0.48%$0.138.66%
688621.SSBeijing Sun-Novo Pharmaceutical Research Co., Ltd.0.48%$0.3024.53%
688800.SSSuzhou Recodeal Interconnect System Co.,Ltd0.48%$0.4027.01%
SOLA.JKXolare RCR Energy Tbk.0.48%$0.609.38%
001339.SZJWIPC Technology Co., Ltd.0.47%$0.2433.98%
003002.SZShanxi Huhua Group Co., Ltd.0.47%$0.1516.74%
067310.KQHANA Micron Inc.0.47%$124.2534.47%
300059.SZEast Money Information Co.,Ltd.0.47%$0.1113.64%
300334.SZTianjin MOTIMO Membrane Technology Co.,Ltd0.47%$0.0340.56%
300458.SZAllwinnertech Technology Co.,Ltd.0.47%$0.2055.67%
300801.SZShandong Taihe Water Treatment Technologies Co., Ltd.0.47%$0.1322.29%
3888.HKKingsoft Corporation Limited0.47%$0.1411.27%
600508.SSShanghai Datun Energy Resources Co., Ltd.0.47%$0.0611.54%
600927.SSYongan Futures0.47%$0.0817.34%
600967.SSInner Mongolia First Machinery Group Co.,Ltd.0.47%$0.0825.49%