VGM Dividend
Invesco Trust for Investment Grade Municipals
NYSEFinancial ServicesStockData as of
- Dividend yield
- 8.52%
- Annual dividend
- $0.78
- Payout ratio
- 1.50
- Frequency
- Monthly
- Share price
- $9.10
- Market cap
- $494M
Next payment
Ex-dividend date: Pay date: Amount: $0.0646
You must own the shares before the ex-dividend date to receive this payment.
Is VGM a good dividend stock?
What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.
- Yield is far above the marketAt 8.52%, the yield is more than three times the median of 2.84% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
- Paying out more than it earnsA payout ratio of 1.50 means the dividend exceeds reported earnings. That can be sustained for a while from cash reserves or borrowing, but not indefinitely.
- Dividend has been cut 18 timesAcross 34 complete years, the annual total fell in 2020, 2022, 2023 and earlier. The most recent reduction was in 2023.
- Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.
VGM dividend history
Annual dividend per share, 1992 to 2025.
Recent dividend payments
| Ex-dividend date | Pay date | Amount | Type |
|---|---|---|---|
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0646 | Monthly | ||
| $0.0388 | Monthly | ||
| $0.0388 | Monthly | ||
| $0.0388 | Monthly | ||
| $0.0388 | Monthly | ||
| $0.0342 | Monthly | ||
| $0.0342 | Monthly | ||
| $0.0342 | Monthly | ||
| $0.0342 | Monthly | ||
| $0.0342 | Monthly | ||
| $0.0361 | Monthly | ||
| $0.0361 | Monthly |
How much would VGM pay you?
Enter an amount and see the income this dividend would produce — per year, per payment and per month.
Calculate VGM dividend income →VGM appears in
Other financial services dividend stocks
Closest to VGM on yield.
- NANNuveen New York Quality Municipal Income Fund8.50%
- NVGNuveen AMT-Free Municipal Credit Income Fund8.54%
- SDHYPGIM Short Duration High Yield Opportunities Fund8.54%
- AMSFAMERISAFE, Inc.8.49%
- NFJVirtus Dividend, Interest & Premium Strategy Fund8.55%
- HFROHighland Opportunities and Income Fund8.56%
- IQIInvesco Quality Municipal Income Trust8.48%
- AIOVirtus Artificial Intelligence & Technology Opportunities Fund8.56%
Frequently asked questions
- Does VGM pay a dividend?
- Yes. Invesco Trust for Investment Grade Municipals pays a monthly dividend, currently yielding 8.52% based on trailing twelve-month payments of $0.78 per share.
- How much does VGM pay in dividends?
- $0.78 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
- When is the next VGM ex-dividend date?
- The next ex-dividend date on record is November 16, 2026, with payment on November 30, 2026. You must own the shares before the ex-dividend date to receive that payment.