AllianzGI Convertible & Income Fund (NYSE:NCV) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Shareholders of record on Friday, January 12th will be paid a dividend of 0.065 per share by the investment management company on Thursday, February 1st. This represents a $0.78 annualized dividend and a yield of 10.92%. The ex-dividend date of this dividend is Thursday, January 11th.
AllianzGI Convertible & Income Fund has decreased its dividend payment by an average of 10.3% per year over the last three years.
AllianzGI Convertible & Income Fund (NYSE NCV) opened at $7.14 on Friday. AllianzGI Convertible & Income Fund has a 1 year low of $6.38 and a 1 year high of $7.28. The firm has a market cap of $631.70, a PE ratio of 9.78 and a beta of 1.18.
AllianzGI Convertible & Income Fund Company Profile
AllianzGI Convertible & Income Fund, formerly AGIC Convertible & Income Fund, is a diversified, closed-end management investment company. The Fund’s investment objective is to provide total return through a combination of capital appreciation and high current income. The Fund invests in a diversified portfolio of domestic convertible securities and non-convertible high-yield bonds rated below investment grade.
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