Allianzgi Convertible & Income Fund II (NYSE:NCZ) Announces $0.05 Monthly Dividend

Allianzgi Convertible & Income Fund II (NYSE:NCZ) announced a monthly dividend on Friday, November 1st, Zacks reports. Stockholders of record on Tuesday, November 12th will be paid a dividend of 0.045 per share by the investment management company on Monday, December 2nd. This represents a $0.54 dividend on an annualized basis and a dividend yield of 10.76%. The ex-dividend date of this dividend is Friday, November 8th.

Shares of NCZ stock opened at $5.02 on Thursday. Allianzgi Convertible & Income Fund II has a 12 month low of $4.20 and a 12 month high of $5.80. The company’s fifty day moving average price is $5.00 and its 200-day moving average price is $5.05.

Allianzgi Convertible & Income Fund II Company Profile

AllianzGI Convertible & Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade.

Featured Article: Growth Stocks, What They Are, What They Are Not

Dividend History for Allianzgi Convertible & Income Fund II (NYSE:NCZ)

Receive News & Ratings for Allianzgi Convertible & Income Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allianzgi Convertible & Income Fund II and related companies with MarketBeat.com's FREE daily email newsletter.