Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Invesco Advantage Municipal Income Trust II (VKI)

Company Dividend Discount ModelIndustry: Asset Management - IncomeSector: Financial Services

Valuation Snapshot

Stable Growth$2.86 - $3.80$3.35
Multi-Stage$6.06 - $6.66$6.35
Blended Fair Value$4.85
Current Price$8.31
Upside-41.64%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS-6.35%-7.01%0.370.380.460.580.550.520.590.660.720.78
YoY Growth---1.03%-18.18%-19.62%5.41%4.98%-11.58%-10.70%-8.21%-8.32%0.97%
Dividend Yield--4.16%4.46%5.42%5.22%4.72%4.64%5.53%6.07%6.35%6.46%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)32.16
(-) Cash Dividends Paid (M)24.66
(=) Cash Retained (M)7.50
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)6.434.022.41
Cash Retained (M)7.507.507.50
(-) Cash Required (M)-6.43-4.02-2.41
(=) Excess Retained (M)1.073.485.09
(/) Shares Outstanding (M)44.2244.2244.22
(=) Excess Retained per Share0.020.080.12
LTM Dividend per Share0.560.560.56
(+) Excess Retained per Share0.020.080.12
(=) Adjusted Dividend0.580.640.67
WACC / Discount Rate9.47%9.47%9.47%
Growth Rate-9.01%-8.01%-7.01%
Fair Value$2.86$3.35$3.80
Upside / Downside-65.53%-59.70%-54.32%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)32.1629.5827.2125.0323.0221.1821.82
Payout Ratio76.68%79.34%82.01%84.67%87.34%90.00%92.50%
Projected Dividends (M)24.6623.4722.3121.1920.1119.0620.18

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.47%9.47%9.47%
Growth Rate-9.01%-8.01%-7.01%
Year 1 PV (M)21.2121.4421.67
Year 2 PV (M)18.2218.6219.03
Year 3 PV (M)15.6416.1616.69
Year 4 PV (M)13.4014.0014.62
Year 5 PV (M)11.4812.1312.80
PV of Terminal Value (M)187.94198.49209.52
Equity Value (M)267.88280.84294.33
Shares Outstanding (M)44.2244.2244.22
Fair Value$6.06$6.35$6.66
Upside / Downside-27.10%-23.57%-19.90%

High-Yield Dividend Screener

« Prev Page 129 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002722.SZWuchan Zhongda Geron Co.,Ltd.0.17%$0.033.76%
039030.KQEO Technics Co., Ltd.0.17%$499.1615.81%
091990.KQCelltrion Healthcare Co., Ltd.0.17%$126.4846.75%
300180.SZHuafon Microfibre (Shanghai) Co., Ltd.0.17%$0.0149.87%
300546.SZShenzhen Emperor Technology Co., Ltd.0.17%$0.0522.83%
300733.SZChengdu Xiling Power Science & Technology Incorporated Company0.17%$0.0310.55%
300834.SZRastar Environmental Protection Materials Co.,Ltd.0.17%$0.0411.57%
300984.SZZhejiang JW Precision Machinery Co.,Ltd0.17%$0.1542.96%
600111.SSChina Northern Rare Earth (Group) High-Tech Co.,Ltd0.17%$0.0812.90%
601616.SSShanghai Guangdian Electric Group Co., Ltd.0.17%$0.0128.77%
603079.SSZhejiang Shengda Bio-Pharm Co., Ltd.0.17%$0.039.10%
603319.SSHunan Meihu Intelligent Manufacturing Co., Ltd.0.17%$0.0614.10%
603711.SSXIANGPIAOPIAO Food Co.,Ltd0.17%$0.026.57%
688385.SSShanghai Fudan Microelectronics Group Company Limited0.17%$0.1221.32%
9099.TChilled & Frozen Logistics Holdings Co., Ltd.0.17%$9.706.78%
GMEXICOB.MXGrupo México, S.A.B. de C.V.0.17%$0.3059.45%
OMN.JOOmnia Holdings Limited0.17%$13.8594.85%
000409.SZYunding Technology Co.,Ltd.0.16%$0.0219.37%
000908.SZHunan Jingfeng Pharmaceutical Co.,Ltd.0.16%$0.016.42%
002467.SZNET263 Ltd.0.16%$0.0117.22%
002476.SZShandong Polymer Biochemicals Co., Ltd.0.16%$0.0110.27%
002837.SZShenzhen Envicool Technology Co., Ltd.0.16%$0.1833.86%
1928.HKSands China Ltd.0.16%$0.0313.16%
300034.SZGaona Aero Material Co., Ltd.0.16%$0.0318.13%
300129.SZTSP Wind Power Group Co., Ltd Class A0.16%$0.026.41%
300260.SZKunshan Kinglai Hygienic Materials Co.,Ltd.0.16%$0.0921.86%
300644.SZNanjing Julong Science&Technology Co.,LTD0.16%$0.065.18%
600287.SSSoho Fashion Group Co., Ltd.0.16%$0.0115.16%
600416.SSXiangtan Electric Manufacturing Co. Ltd.0.16%$0.0313.48%
600630.SSShanghai Dragon Corporation0.16%$0.0118.99%
603986.SSGigaDevice Semiconductor (Beijing) Inc.0.16%$0.3416.54%
688019.SSAnji Microelectronics Technology (Shanghai) Co., Ltd.0.16%$0.368.24%
688519.SSNanya New Material Technology Co.,Ltd0.16%$0.1319.13%
688565.SSZhejiang Haiyan Power System Resources Environmental Technology Co.,Ltd.0.16%$0.028.03%
8932.TWOWiselink Co., Ltd.0.16%$0.277.22%
CCJCameco Corporation0.16%$0.1613.24%
CCT.LThe Character Group plc0.16%$0.3965.59%
DOHL3.SADöhler S.A.0.16%$0.0114.11%
EQU.JOEquites Property Fund Limited0.16%$2.9197.24%
ESPA3.SAMPM Corpóreos S.A.0.16%$0.005.29%
INVP.LInvestec Group0.16%$0.9360.39%
LEW.JOLewis Group Limited0.16%$14.7959.54%
NCYF.LCQS New City High Yield Fund Limited0.16%$0.0881.46%
SPNTSiriusPoint Ltd.0.16%$0.032.02%
TGSU2.BATransportadora de Gas del Sur S.A.0.16%$15.402.85%
000036.SZChina Union Holdings Ltd.0.15%$0.0134.20%
000901.SZAerospace Hi-Tech Holding Group Co., Ltd.0.15%$0.0420.29%
000919.SZJinling Pharmaceutical Company Limited0.15%$0.0120.06%
002077.SZJiangsu Dagang Co., Ltd.0.15%$0.0229.00%
002602.SZZhejiang Century Huatong Group Co.,Ltd0.15%$0.035.13%