Allianzgi Diversified Incm and Cnvrtb Fd (NYSE:ACV) declared a monthly dividend on Tuesday, December 4th, Wall Street Journal reports. Investors of record on Thursday, December 13th will be given a dividend of 0.167 per share by the consumer goods maker on Wednesday, January 2nd. This represents a $2.00 dividend on an annualized basis and a yield of 8.97%. The ex-dividend date is Wednesday, December 12th.
NYSE:ACV opened at $22.34 on Friday. Allianzgi Diversified Incm and Cnvrtb Fd has a 52-week low of $20.34 and a 52-week high of $25.31.
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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.
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