How much dividend does VGM pay?

VGM currently pays a 7.55% annual dividend yield. On a $10,000 investment that equals $755.08/year, or $62.92/month.

How much would I earn investing $10,000 in VGM?

A $10,000 investment in VGM at the current 7.55% yield generates $755.08/year in dividend income, or $62.92 per month and $188.77 per quarter.

Is VGM a good dividend stock?

VGM offers a 7.55% dividend yield with a beta of 0.68 (lower volatility than the S&P 500). Use the Vestovix AI screener to compare it against other dividend stocks.

Invesco Trust for Investment Grade Municipals Common Stock (DE) (VGM) Stock | 7.55% Dividend | $755/yr on $10K | Vestovix

Invesco Trust for Investment Grade Municipals Common Stock (DE) (VGM) at a glance

Invesco Trust for Investment Grade Municipals Common Stock (DE) (VGM) is a small-cap Financial Services company. It trades at $10.08, with a P/E of 33.3, a 39.4% profit margin and revenue growth of 3.8%. It pays a 7.6% dividend yield. Vestovix scores it 63/100 overall. Its strongest dimension is Growth (75/100) and its weakest is Momentum (49/100). It is a relatively defensive holding with below-market volatility.

Price: $10.08
Market cap: $560.2M
P/E ratio: 33.3
Dividend yield: 7.55%
Beta: 0.68
52-week range: $9.52 to $10.66