Advent Convertible and Income Fund (AVK) To Go Ex-Dividend on July 15th

Advent Convertible and Income Fund (NYSE:AVK) declared a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.1172 per share by the investment management company on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 10.8%. The ex-dividend date of this dividend is Wednesday, July 15th.

Advent Convertible and Income Fund Stock Down 0.0%

AVK stock opened at $13.05 on Monday. Advent Convertible and Income Fund has a fifty-two week low of $10.77 and a fifty-two week high of $13.28. The firm’s 50-day simple moving average is $12.83 and its 200 day simple moving average is $12.52.

Advent Convertible and Income Fund Company Profile

Advent Convertible and Income Fund (NYSE: AVK) is a diversified, closed-end management investment company that seeks to provide total return through current income and capital appreciation. The Fund is managed by Advent Capital Management, LLC, an SEC-registered investment adviser, and trades on the New York Stock Exchange under the ticker AVK. It offers investors a blend of equity and fixed-income exposures through a single vehicle designed to deliver regular distributions.

The Fund’s core strategy centers on convertible securities—such as convertible bonds and preferred stocks—issued by U.S.