Advent Convertible and Income Fund (NYSE:AVK) announced a monthly dividend on Friday, October 1st, Zacks reports. Investors of record on Friday, October 15th will be given a dividend of 0.117 per share by the investment management company on Friday, October 29th. This represents a $1.40 annualized dividend and a dividend yield of 7.45%. The ex-dividend date of this dividend is Thursday, October 14th.
Advent Convertible and Income Fund has raised its dividend by 9.3% over the last three years and has increased its dividend every year for the last 1 years.
NYSE AVK opened at $18.84 on Wednesday. The firm has a 50-day simple moving average of $18.97 and a 200 day simple moving average of $18.85. Advent Convertible and Income Fund has a twelve month low of $13.47 and a twelve month high of $19.91.
Advent Convertible and Income Fund Company Profile
Advent Convertible & Income Fund operates as a closed-end investment fund. It focuses on convertible securities and non-convertible income securities. The company was founded on February 19, 2003 and is headquartered in New York, NY.
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