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Advent Claymore Convertible Securities and Income Fund Common Shares of Beneficial Interest (NYSE:AGC) announced a monthly dividend on Monday, August 4th, AmericanBankingNews.com reports. Stockholders of record on Friday, August 15th will be paid a dividend of 0.047 per share on Friday, August 29th. This represents a $0.56 annualized dividend and a dividend yield of 7.89%. The ex-dividend date is Wednesday, August 13th.

Advent Claymore Convertible Securities and Income Fund Common Shares of Beneficial Interest (NYSE:AGC) traded down 0.12% during mid-day trading on Monday, hitting $7.181. 80,971 shares of the company’s stock traded hands. Advent Claymore Convertible Securities and Income Fund Common Shares of Beneficial Interest has a 52-week low of $6.70 and a 52-week high of $7.93. The stock has a 50-day moving average of $7.52 and a 200-day moving average of $7.55.

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