Invesco Advantage Municipal Income Tr II (VKI) to Issue Monthly Dividend of $0.05 on October 31st
Invesco Advantage Municipal Income Tr II (NYSE:VKI) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Friday, October 13th will be paid 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 yield of 5.72%. The ex-dividend date 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) opened at 11.48 on Wednesday. The firm has a 50-day moving average of $11.66 and a 200-day moving average of $11.54. Invesco Advantage Municipal Income Tr II has a one year low of $10.68 and a one year high of $12.08.
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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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