Advent Convertible and Income Fund (NYSE:AVK – Get Free Report) announced a monthly dividend on Monday, July 1st, Wall Street Journal reports. Stockholders of record on Monday, July 15th will be paid a dividend of 0.1172 per share by the investment management company on Wednesday, July 31st. This represents a $1.41 dividend on an annualized basis and a dividend yield of 11.81%. The ex-dividend date of this dividend is Monday, July 15th. This is a boost from Advent Convertible and Income Fund’s previous monthly dividend of $0.12.
Advent Convertible and Income Fund Price Performance
Advent Convertible and Income Fund stock remained flat at $11.91 during midday trading on Tuesday. 102,677 shares of the company were exchanged, compared to its average volume of 105,097. Advent Convertible and Income Fund has a 12 month low of $9.24 and a 12 month high of $12.22. The company’s 50 day simple moving average is $11.89 and its 200 day simple moving average is $11.74.
Advent Convertible and Income Fund Company Profile
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