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

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) declared a monthly dividend on Tuesday, March 25th, Wall Street Journal reports. Investors of record on Wednesday, April 16th will be paid a dividend of 0.0559 per share by the financial services provider on Wednesday, April 30th. This represents a $0.67 annualized dividend and a 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 %

Shares of NYSEAMERICAN:VKI traded down $0.06 during trading hours on Tuesday, hitting $8.60. 139,498 shares of the company’s stock traded hands, compared to its average volume of 154,430. Invesco Advantage Municipal Income Trust II has a 52 week low of $8.14 and a 52 week high of $9.42. The company’s fifty day simple moving average is $8.77.

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.