Invesco Advantage Municipal Income Trust II to Issue Monthly Dividend of $0.05 (VKI)
Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Wednesday, December 13th will be given a dividend of 0.0547 per share by the financial services provider on Friday, December 29th. This represents a $0.66 annualized dividend and a dividend yield of 5.81%. The ex-dividend date of this dividend is Tuesday, December 12th.
Shares of Invesco Advantage Municipal Income Trust II (NYSEAMERICAN VKI) traded up $0.05 on Monday, reaching $11.30. The company had a trading volume of 170,181 shares, compared to its average volume of 90,562. Invesco Advantage Municipal Income Trust II has a twelve month low of $10.76 and a twelve month high of $11.93.
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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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