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, October 3rd, Wall Street Journal reports. Stockholders of record on Friday, October 13th will be given a dividend of 0.0547 per share by the financial services provider on Tuesday, October 31st. This represents a $0.66 dividend on an annualized basis and a dividend yield of 5.71%. The ex-dividend date of this dividend is Thursday, October 12th.
Invesco Advantage Municipal Income Tr II has decreased its dividend payment by an average of 5.6% per year over the last three years.
Shares of Invesco Advantage Municipal Income Tr II (NYSE:VKI) traded down 0.09% during trading on Tuesday, hitting $11.49. 63,360 shares of the company traded hands. The firm has a 50 day moving average price of $11.70 and a 200-day moving average price of $11.52. Invesco Advantage Municipal Income Tr II has a one year low of $10.68 and a one year high of $12.31.
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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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