Advent Convertible and Income Fund (AVK) To Go Ex-Dividend on March 13th

Advent Convertible and Income Fund (NYSE:AVK) announced a monthly dividend on Monday, March 2nd. Shareholders of record on Friday, March 13th will be given a dividend of 0.1172 per share by the investment management company on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 11.4%. The ex-dividend date is Friday, March 13th.

Advent Convertible and Income Fund Stock Up 0.2%

Shares of AVK stock traded up $0.03 on Wednesday, hitting $12.39. 22,036 shares of the stock were exchanged, compared to its average volume of 177,354. Advent Convertible and Income Fund has a fifty-two week low of $9.75 and a fifty-two week high of $13.10. The business has a 50-day moving average of $12.67 and a 200 day moving average of $12.63.

Advent Convertible and Income Fund Company Profile

Advent Convertible and Income Fund (NYSE: AVK) is a diversified, closed-end management investment company that seeks to provide total return through current income and capital appreciation. The Fund is managed by Advent Capital Management, LLC, an SEC-registered investment adviser, and trades on the New York Stock Exchange under the ticker AVK. It offers investors a blend of equity and fixed-income exposures through a single vehicle designed to deliver regular distributions.

The Fund’s core strategy centers on convertible securities—such as convertible bonds and preferred stocks—issued by U.S.