AllianzGI Convertible & Income 2024 Target Term Fund of Beneficial Interest (NYSE:CBH) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Monday, November 13th will be given a dividend of 0.046 per share on Friday, December 1st. This represents a $0.55 annualized dividend and a dividend yield of 5.84%. The ex-dividend date is Friday, November 10th.

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In related news, insider Justin Kass purchased 5,000 shares of the company’s stock in a transaction on Thursday, October 26th. The shares were bought at an average cost of $9.67 per share, for a total transaction of $48,350.00. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

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