Allianzgi Convertible & Income Fund (NYSE:NCV) Announces Monthly Dividend of $0.05

Allianzgi Convertible & Income Fund (NYSE:NCV) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Investors of record on Thursday, December 12th will be given a dividend of 0.0525 per share by the investment management company on Thursday, January 2nd. This represents a $0.63 dividend on an annualized basis and a dividend yield of 11.07%. The ex-dividend date is Wednesday, December 11th. This is a positive change from Allianzgi Convertible & Income Fund’s previous monthly dividend of $0.05.

Shares of NCV stock traded up $0.04 during trading hours on Wednesday, reaching $5.69. The stock had a trading volume of 200,221 shares, compared to its average volume of 316,465. Allianzgi Convertible & Income Fund has a twelve month low of $4.75 and a twelve month high of $6.55. The firm has a 50-day simple moving average of $5.65 and a 200-day simple moving average of $5.67.

About Allianzgi Convertible & Income Fund

AllianzGI Convertible & Income Fund is a closed ended fixed income 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 fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade.

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Dividend History for Allianzgi Convertible & Income Fund (NYSE:NCV)

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