Favorable News Coverage Somewhat Unlikely to Impact Allianzgi Diversified Incm and Cnvrtb Fd (ACV) Stock Price

Media headlines about Allianzgi Diversified Incm and Cnvrtb Fd (NYSE:ACV) have trended positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Allianzgi Diversified Incm and Cnvrtb Fd earned a media sentiment score of 0.32 on Accern’s scale. Accern also assigned news stories about the consumer goods maker an impact score of 47.6714246498419 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Shares of ACV traded up $0.19 during trading hours on Thursday, hitting $23.85. The stock had a trading volume of 209 shares, compared to its average volume of 56,720. Allianzgi Diversified Incm and Cnvrtb Fd has a 12 month low of $20.03 and a 12 month high of $23.99.

The company also recently disclosed a monthly dividend, which will be paid on Monday, July 2nd. Investors of record on Monday, June 11th will be issued a $0.167 dividend. This represents a $2.00 annualized dividend and a dividend yield of 8.40%. The ex-dividend date of this dividend is Friday, June 8th.

In related news, insider Allianz Asset Management Of Am sold 5,546 shares of Allianzgi Diversified Incm and Cnvrtb Fd stock in a transaction on Friday, April 13th. The stock was sold at an average price of $22.36, for a total value of $124,008.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Allianzgi Diversified Incm and Cnvrtb Fd Company Profile

AllianzGI Diversified Income & Convertible Fund is a diversified, closed-end management investment company. The Fund’s investment objective is to provide total return through a combination of current income and capital appreciation, while seeking to provide downside protection against capital loss. The Fund invests in a combination of convertible securities, debt and other income-producing instruments and common stocks and other equity securities.

Insider Buying and Selling by Quarter for Allianzgi Diversified Incm and Cnvrtb Fd (NYSE:ACV)

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