Invesco Advantage Municipal Income Tr II (VKI) Plans Monthly Dividend of $0.05
Invesco Advantage Municipal Income Tr II (NYSE:VKI) declared a monthly dividend on Tuesday, September 5th, Wall Street Journal reports. Stockholders of record on Wednesday, September 13th will be given a dividend of 0.0547 per share by the financial services provider on Friday, September 29th. This represents a $0.66 annualized dividend and a dividend yield of 5.60%. The ex-dividend date is Tuesday, September 12th.
Invesco Advantage Municipal Income Tr II has decreased its dividend payment by an average of 5.6% annually over the last three years.
Shares of Invesco Advantage Municipal Income Tr II (NYSE:VKI) traded down 0.043% on Tuesday, hitting $11.715. 115,671 shares of the company’s stock traded hands. Invesco Advantage Municipal Income Tr II has a 1-year low of $10.68 and a 1-year high of $12.87. The firm’s 50-day moving average price is $11.70 and its 200 day moving average price is $11.44.
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About Invesco Advantage Municipal Income Tr II
Invesco Advantage Municipal Income Trust II (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital. Under normal market conditions, the Trust focuses on investing in municipal securities rated investment grade at the time of investment.
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