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

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) declared a monthly dividend on Monday, March 24th, Wall Street Journal reports. Stockholders of record on Wednesday, April 16th will be given a dividend of 0.0559 per share by the financial services provider on Wednesday, April 30th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 7.80%. The ex-dividend date is Wednesday, April 16th.

Invesco Advantage Municipal Income Trust II has raised its dividend payment by an average of 0.5% per year over the last three years.

Invesco Advantage Municipal Income Trust II Trading Down 0.7 %

VKI traded down $0.06 during trading on Tuesday, reaching $8.60. 139,498 shares of the stock traded hands, compared to its average volume of 154,430. The firm’s 50-day moving average price is $8.77. Invesco Advantage Municipal Income Trust II has a fifty-two week low of $8.14 and a fifty-two week high of $9.42.

About Invesco Advantage Municipal Income Trust II

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.