INV VK HI INC2 (NYSE:VLT – Get Free Report)’s share price crossed below its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $9.65 and traded as low as $9.05. INV VK HI INC2 shares last traded at $9.09, with a volume of 11,633 shares traded.
INV VK HI INC2 Stock Up 0.7%
The stock’s 50 day moving average price is $9.65 and its 200 day moving average price is $10.10.
INV VK HI INC2 Increases Dividend
The business also recently declared a monthly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, October 14th will be issued a $0.0895 dividend. The ex-dividend date is Wednesday, October 14th. This represents a $1.07 annualized dividend and a yield of 11.8%. This is an increase from INV VK HI INC2’s previous monthly dividend of $0.0895.
Institutional Inflows and Outflows
INV VK HI INC2 Company Profile
Invesco Van Kampen High Income Trust II (NYSE: VLT) is a closed-end investment company managed by Invesco Ltd. The fund seeks to provide a high level of current income by investing primarily in below-investment-grade corporate debt securities, commonly known as high-yield or “junk” bonds.
The fund’s portfolio may include bonds and other fixed-income instruments issued by companies in a range of industries and geographic regions, with an emphasis on securities offering higher yields in exchange for greater credit risk.
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