Advent Convertible and Income Fund (AVK) to Distribute Monthly Dividend of $0.12 on November 30th

Advent Convertible and Income Fund (NYSE:AVK – Get Free Report) announced a monthly dividend on Monday, November 2nd. Shareholders 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 dividend on an annualized basis and a yield of 13.1%. The ex-dividend date is Friday, November 13th.

Advent Convertible and Income Fund Stock Performance

AVK stock opened at $10.78 on Wednesday. The company’s 50 day moving average price is $11.50 and its 200 day moving average price is $12.26. Advent Convertible and Income Fund has a fifty-two week low of $10.54 and a fifty-two week high of $13.28.

Advent Convertible and Income Fund Company Profile

(Get Free Report)

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.

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Dividend History for Advent Convertible and Income Fund (NYSE:AVK)

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