Advent Claymore Convertible Sec & Inc Fd (avk) Plans $0.09 Dividend
Advent Claymore Convertible Sec & Inc Fd (NYSE:avk) announced a dividend on Tuesday, October 4th. Shareholders of record on Friday, October 14th will be given a dividend of 0.094 per share by the investment management company on Monday, October 31st. The ex-dividend date is Wednesday, October 12th.
Shares of Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK) opened at 14.45 on Friday. Advent Claymore Convertible Sec & Inc Fd has a 12-month low of $10.92 and a 12-month high of $15.38. The firm’s 50-day moving average price is $14.76 and its 200-day moving average price is $14.12.
In other news, major shareholder Saba Capital Management, L.P. purchased 4,613 shares of the business’s stock in a transaction on Friday, September 2nd. The shares were acquired at an average cost of $15.11 per share, with a total value of $69,702.43. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Advent Claymore Convertible Sec & Inc Fd Company Profile
Advent Claymore Convertible Securities and 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 current income. The Fund focuses on investing in sectors, including technology, healthcare, financial, industrials, telecommunications, materials, energy, utilities, media, consumer staples and transportation.
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