Allianzgi Convertible & Income Fund (NCV) Announces $0.07 Monthly Dividend
Allianzgi Convertible & Income Fund (NYSE:NCV) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Shareholders of record on Monday, November 13th will be paid a dividend of 0.065 per share by the investment management company on Friday, December 1st. This represents a $0.78 annualized dividend and a yield of 10.97%. The ex-dividend date is Friday, November 10th.
Allianzgi Convertible & Income Fund has decreased its dividend payment by an average of 10.3% per year over the last three years.
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Allianzgi Convertible & Income Fund Company Profile
AllianzGI Convertible & Income Fund, formerly AGIC Convertible & Income Fund, 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 invests in a diversified portfolio of domestic convertible securities and non-convertible high-yield bonds rated below investment grade.
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