Advent Convertible and Income Fund (AVK) to Issue Monthly Dividend of $0.12 on October 31st

Advent Convertible and Income Fund ( NYSE:AVK – Get Free Report ) declared a monthly dividend on Tuesday, September 10th, NASDAQ reports. Shareholders of record on Wednesday, October 2nd will be given a dividend of 0.1172 per share by the investment management company on Thursday, October 31st.

This represents a $1.41 dividend on an annualized basis and a yield of 12.29%.



The ex-dividend date is Wednesday, October 2nd. This is a positive change from Advent Convertible and Income Fund’s previous monthly dividend of $0.09.

Advent Convertible and Income Fund Price Performance NYSE AVK opened at $11.44 on Monday. The company has a 50-day moving average price of $12.

39 and a 200-day moving average price of $12.07. Advent Convertible and Income Fund has a 52 week low of $9.

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