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Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK) announced a monthly dividend on Monday, August 4th, American Banking News reports. Stockholders of record on Friday, August 15th will be paid a dividend of 0.0939 per share on Friday, August 29th. This represents a $1.13 annualized dividend and a dividend yield of 5.98%. The ex-dividend date is Wednesday, August 13th.

Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK) traded down 0.64% during mid-day trading on Monday, hitting $18.69. 47,059 shares of the company’s stock traded hands. Advent Claymore Convertible Sec & Inc Fd has a 1-year low of $16.85 and a 1-year high of $19.24. The stock has a 50-day moving average of $18.75 and a 200-day moving average of $18.59.

Advent Claymore Convertible Securities and Income Fund (NYSE:AVK) is a diversified, closed-end management investment company.

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