Invesco Advantage Municipal Income Trust II Plans Monthly Dividend of $0.06 (NYSEAMERICAN:VKI)

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) announced a monthly dividend on Wednesday, October 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, October 16th will be given a dividend of 0.0559 per share by the financial services provider on Thursday, October 31st. This represents a $0.67 annualized dividend and a yield of 7.21%. The ex-dividend date is Wednesday, October 16th.

Invesco Advantage Municipal Income Trust II has decreased its dividend payment by an average of 10.1% annually over the last three years.

Invesco Advantage Municipal Income Trust II Price Performance

Shares of VKI traded down $0.03 during midday trading on Wednesday, reaching $9.31. The stock had a trading volume of 123,280 shares, compared to its average volume of 144,278. Invesco Advantage Municipal Income Trust II has a one year low of $7.07 and a one year high of $9.42.

Invesco Advantage Municipal Income Trust II Company Profile

Invesco Advantage Municipal Income Trust II is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.