Allianzgi Convertible & Income Fund Plans Monthly Dividend of $0.07 (ncv)
Allianzgi Convertible & Income Fund (NYSE:ncv) declared a monthly dividend on Tuesday, October 4th. Stockholders of record on Thursday, October 13th will be paid a dividend of 0.065 per share by the investment management company on Tuesday, November 1st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 11.42%. The ex-dividend date of this dividend is Tuesday, October 11th.
Allianzgi Convertible & Income Fund (NYSE:NCV) opened at 6.83 on Thursday. Allianzgi Convertible & Income Fund has a 52 week low of $4.41 and a 52 week high of $6.87. The stock has a 50 day moving average price of $6.67 and a 200-day moving average price of $6.19.
About Allianzgi Convertible & Income Fund
AllianzGI Convertible & Income Fund is a closed-end fund. The Fund investment objective is to provide total return through a combination of capital appreciation and high current income. The Funds attempt to achieve this objective by investing in a portfolio of convertible securities and non-convertible income-producing securities.
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