Invesco Municipal Opportunity Trust
VMOFinancial Services · Stock · monthly payer
Forward Yield
7.58%
Annual Dividend
$0.75
Payout Ratio
268%
5-Yr Growth
4.8%
Ex-Date
Aug 17, 2026
Frequency
Monthly
Summary
As of August 2026, Invesco Municipal Opportunity Trust (VMO) yields 7.58% ($0.75 per share annually), with a blended fair-value estimate of $11.33 — +15% upside, so it screens as fairly valued. Dividend safety grade: C (51/100). 2 years of dividend growth.
Is VMO a good dividend stock?
MixedInvesco Municipal Opportunity Trust (VMO) pays a monthly dividend yielding 7.58% ($0.75/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2023
- Elevated payout ratio (268%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 7.58%
- Payout Ratio
- 268%
- Annual Dividend
- $0.75
- 5-Yr Avg Growth
- 4.8%
- Ex-Dividend Date
- Aug 17, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.67
- Market Cap
- —
- P/E Ratio
- 35.2
- 5-Yr Total Return
- -28%
- 52-Week Range
- $9.09 – $10.10
- Dividend Safety
- C · 51/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
VMO Price — Last 12 Months
Daily close
Price Return
1 Year
+7%
3 Years
+20%
5 Years
-28%
52-Week Range
$9.09 – $10.10
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is VMO worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Invesco Municipal Opportunity Trust is $11.33 per share, versus a market price of $9.85. That implies the stock is roughly fairly priced.
Fair Value
$11.33
Current Price
$9.85
Gap
+15%
Margin of Safety
13%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 7.7% discount rate (CAPM), 5.2% stage-1 growth, 2.5% terminal growth, $0.28 EPS, $0.75 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
VMO Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 14, 2026 | — | $0.0630 | regular |
| Jun 15, 2026 | — | $0.0630 | regular |
| May 14, 2026 | — | $0.0630 | regular |
| Apr 14, 2026 | — | $0.0630 | regular |
| Mar 16, 2026 | — | $0.0630 | regular |
| Feb 17, 2026 | — | $0.0630 | regular |
| Jan 15, 2026 | — | $0.0630 | regular |
| Dec 16, 2025 | — | $0.0630 | regular |
| Nov 17, 2025 | — | $0.0630 | regular |
| Oct 16, 2025 | — | $0.0630 | regular |
| Sep 16, 2025 | — | $0.0630 | regular |
| Aug 18, 2025 | — | $0.0630 | regular |
| Jul 16, 2025 | — | $0.0630 | regular |
| Jun 17, 2025 | — | $0.0630 | regular |
Income Calculator
At $0.75 / yr per share
