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$4.49 - $5.90$5.23
Multi-Stage$8.98 - $9.87$9.42
Blended Fair Value$7.32
Current Price$10.71
Upside-31.64%
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 Rate9.98%9.98%9.98%
Growth Rate-9.65%-8.65%-7.65%
Fair Value$4.49$5.23$5.90
Upside / Downside-58.12%-51.20%-44.88%

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 Rate9.98%9.98%9.98%
Growth Rate-9.65%-8.65%-7.65%
Year 1 PV (M)12.9413.0813.22
Year 2 PV (M)11.3511.6011.86
Year 3 PV (M)9.9210.2510.59
Year 4 PV (M)8.639.029.42
Year 5 PV (M)7.497.928.36
PV of Terminal Value (M)113.63120.06126.77
Equity Value (M)163.96171.93180.23
Shares Outstanding (M)18.2618.2618.26
Fair Value$8.98$9.42$9.87
Upside / Downside-16.16%-12.09%-7.84%

High-Yield Dividend Screener

« Prev Page 122 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
301133.SZGuangzhou Jinzhong Auto Parts Manufacturing Co., Ltd.0.32%$0.1228.93%
600276.SSJiangsu Hengrui Medicine Co., Ltd.0.32%$0.1917.06%
601100.SSJiangsu Hengli Hydraulic Co.,Ltd0.32%$0.3516.93%
603816.SSJason Furniture (Hangzhou) Co.,Ltd.0.32%$0.104.97%
605179.SSZhejiang Yiming Food Co., Ltd.0.32%$0.0770.82%
688131.SSShanghai Haoyuan Chemexpress Co., Ltd.0.32%$0.2316.47%
DIM.PASartorius Stedim Biotech S.A.0.32%$0.6829.80%
DNA3.LDoric Nimrod Air Three Limited0.32%$0.2148.62%
MODIS.BOModi's Navnirman Ltd.0.32%$1.087.55%
NPOF.MEFIZIKA Scientific and Production Association Open Joint-Stock Company0.32%$37.651.90%
000682.SZDongfang Electronics Co., Ltd.0.31%$0.046.56%
000756.SZShandong Xinhua Pharmaceutical Company Limited0.31%$0.058.60%
002041.SZShanDongDenghai Seeds Co.,Ltd0.31%$0.0350.69%
002049.SZUnigroup Guoxin Microelectronics Co., Ltd.0.31%$0.2414.22%
002427.SZZhejiang Unifull Industrial Fibre Co., Ltd.0.31%$0.0274.63%
002708.SZChangzhou Nrb Corporation0.31%$0.0431.28%
003230.KSSamyang Foods Co., Ltd.0.31%$4,000.078.06%
300640.SZProfit Cultural and Creative Group Co., Ltd.0.31%$0.0262.64%
300870.SZShenzhen Honor Electronic Co., Ltd.0.31%$0.6821.73%
301027.SZHualan Group Co., Ltd.0.31%$0.0643.40%
301129.SZRuna Smart Equipment Co., Ltd.0.31%$0.0714.61%
301199.SZMH Robot & Automation Co., Ltd.0.31%$0.0711.34%
4390.TIPS, Inc.0.31%$9.423.92%
600272.SSShanghai Kai Kai Industry Company Limited0.31%$0.0482.76%
600391.SSAecc Aero Science and Technology Co.,Ltd0.31%$0.1285.76%
600678.SSSichuan Golden Summit (group) Joint-Stock Co., Ltd.0.31%$0.0477.10%
600720.SSCCCC Design & Consulting Group Co., Ltd.0.31%$0.023.42%
600829.SSHPGC Renmintongtai Pharmaceutical Corporation0.31%$0.0316.50%
600882.SSShanghai Milkground Food Tech Co., Ltd0.31%$0.0815.81%
603390.SSGuangzhou Tongda Auto Electric Co., Ltd.0.31%$0.0422.22%
603969.SSSilvery Dragon Prestressed Materials Co., Ltd. (Tianjin)0.31%$0.037.78%
6825.TWOQbic Technology Co., Ltd.0.31%$0.123.23%
688025.SSShenzhen JPT Opto-Electronics Co., Ltd.0.31%$0.4417.67%
688103.SSKunshan GuoLi Electronic Technology Co., Ltd.0.31%$0.1928.96%
688686.SSOPT Machine Vision Tech Co., Ltd.0.31%$0.3825.01%
ELMN.SWElma Electronic AG0.31%$4.005.25%
VWSB.DEVestas Wind Systems A/S0.31%$0.077.90%
XPD.LXpediator Plc0.31%$0.1434.38%
000935.SZSichuan Hexie Shuangma Co., Ltd.0.30%$0.0815.90%
002067.SZZhejiang Jingxing Paper Joint Stock Co., Ltd.0.30%$0.0238.84%
002295.SZGuangdong JingYi Metal CO.,Ltd0.30%$0.0481.43%
002475.SZLuxshare Precision Industry Co., Ltd.0.30%$0.178.08%
002495.SZGuangdong Jialong Food Co., Ltd.0.30%$0.0136.82%
002666.SZGuangdong Delian Group Co., Ltd.0.30%$0.0218.17%
062040.KSSanil Electric Co., Ltd.0.30%$419.949.60%
065350.KQShinsung Delta Tech Co.,Ltd.0.30%$168.8037.86%
084370.KQEugene Technology Co.,Ltd.0.30%$253.068.90%
0OPN.LCompagnie de l'Odet0.30%$4.021.39%
180640.KSHanjin Kal0.30%$360.205.54%
300584.SZNanjing Hicin Pharmaceutical Co., Ltd.0.30%$0.1539.82%