Allianzgi Diversified Incm and Cnvrtb Fd (NYSE:ACV) announced a monthly dividend on Tuesday, October 1st, Zacks reports. Shareholders of record on Friday, October 11th will be paid a dividend of 0.167 per share by the consumer goods maker on Friday, November 1st. This represents a $2.00 dividend on an annualized basis and a yield of 9.03%. The ex-dividend date is Thursday, October 10th.

Allianzgi Diversified Incm and Cnvrtb Fd has raised its dividend by an average of 33.9% per year over the last three years.

Shares of Allianzgi Diversified Incm and Cnvrtb Fd stock opened at $22.20 on Thursday. Allianzgi Diversified Incm and Cnvrtb Fd has a fifty-two week low of $17.51 and a fifty-two week high of $25.16. The firm has a fifty day moving average price of $23.42 and a two-hundred day moving average price of $23.27.

In other news, insider Justin Kass sold 16,700 shares of the firm’s stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $23.69, for a total transaction of $395,623.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Allianzgi Diversified Incm and Cnvrtb Fd Company Profile

AllianzGI Diversified Income & Convertible Fund is a closed-ended balanced mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in the public equity and fixed income markets. The fund primarily invests in diversified portfolio of convertible securities, income-producing equity securities, and income-producing debt and other instruments of varying maturities.

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Dividend History for Allianzgi Diversified Incm and Cnvrtb Fd (NYSE:ACV)

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