Allianzgi Convertible & Income Fund II (NYSE:NCZ) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Investors of record on Thursday, October 12th will be paid a dividend of 0.0575 per share by the investment management company on Wednesday, November 1st. This represents a $0.69 dividend on an annualized basis and a yield of 11.06%. The ex-dividend date of this dividend is Wednesday, October 11th.

Allianzgi Convertible & Income Fund II has decreased its dividend payment by an average of 12.2% per year over the last three years.

Allianzgi Convertible & Income Fund II (NCZ) traded down 0.32% during mid-day trading on Tuesday, reaching $6.24. 408,619 shares of the company traded hands. The stock’s 50 day moving average price is $6.19 and its 200 day moving average price is $6.18. Allianzgi Convertible & Income Fund II has a 52 week low of $5.12 and a 52 week high of $6.49.

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Allianzgi Convertible & Income Fund II Company Profile

AllianzGI Convertible & Income Fund II (the Fund), formerly AGIC Convertible & Income Fund II, is a diversified, closed-end management investment company. The Fund’s investment objective is to provide total return through a combination of capital appreciation and high current income. The Fund focuses on investing approximately 50% of its portfolio in convertibles, but determines its allocation based on changes in equity prices, changes in interest rates and other economic and market factors.

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

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