Reminder - Invesco Van Kampen Advantage Municipal Income Trust II (VKI) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 4/9/13, Invesco Van Kampen Advantage Municipal Income Trust II ( VKI) VKI will trade ex-dividend, for its monthly dividend of $0.071, payable on 4/30/13. As a percentage of VKI's recent stock price of $12.85, this dividend works out to approximately 0.55%, so look for shares of Invesco Van Kampen Advantage Municipal Income Trust II to trade 0.55% lower — all else being equal — when VKI shares open for trading on 4/9/13.

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Below is a dividend history chart for VKI, showing historical dividends prior to the most recent $0.071 declared by Invesco Van Kampen Advantage Municipal Income Trust II:

VKI+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from VKI is likely to continue, and whether the current estimated yield of 6.63% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, VKI makes up 1.18% of the CEF Municipal Income ETF ( XMPT) XMPT which is trading relatively unchanged on the day Friday.

In Friday trading, Invesco Van Kampen Advantage Municipal Income Trust II shares are currently up about 0.5% on the day.
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