Advent Convertible and Income Fund (NYSE:AVK – Get Free Report) announced a monthly dividend on Monday, November 2nd. Stockholders of record on Friday, November 13th will be given a dividend of $0.1172 per share by the investment management company on Monday, November 30th. This represents a $1.41 annualized dividend and a dividend yield of 13.1%. The ex-dividend date is Friday, November 13th.
Advent Convertible and Income Fund Price Performance
Advent Convertible and Income Fund stock opened at $10.76 on Wednesday. The firm has a fifty day moving average of $11.67 and a 200-day moving average of $12.31. Advent Convertible and Income Fund has a 52-week low of $10.68 and a 52-week high of $13.28.
About Advent Convertible and Income Fund
Advent Convertible and Income Fund (NYSE: AVK) is a publicly traded closed-end investment company. The fund seeks to provide current income and, as a secondary objective, capital appreciation by investing primarily in a diversified portfolio of convertible securities and other income-producing investments.
Its portfolio may include convertible bonds, convertible preferred securities and non-convertible corporate debt. Convertible securities can provide income while offering the potential to participate in the appreciation of the underlying equity securities.
Featured Stories
- Five stocks we like better than Advent Convertible and Income Fund
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Receive News & Ratings for Advent Convertible and Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advent Convertible and Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
