Advent Claymore Convertible Securities and Income Fund of Beneficial Interest Announces Monthly Dividend of $0.05 (AGC)

Advent Claymore Convertible Securities and Income Fund of Beneficial Interest (NYSE:AGC) announced a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Shareholders of record on Friday, January 12th will be given a dividend of 0.047 per share by the exchange traded fund on Wednesday, January 31st. This represents a $0.56 annualized dividend and a dividend yield of 9.34%. The ex-dividend date is Thursday, January 11th.

Advent Claymore Convertible Securities and Income Fund of Beneficial Interest (NYSE AGC) remained flat at $$6.04 on Wednesday. 167,690 shares of the stock traded hands, compared to its average volume of 175,445. Advent Claymore Convertible Securities and Income Fund of Beneficial Interest has a 1 year low of $5.84 and a 1 year high of $6.49.

In other news, insider Advent Capital Management /De/ sold 10,000 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $6.02, for a total value of $60,200.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Rowland Wallace Uloth acquired 112,500 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The stock was bought at an average price of $0.26 per share, with a total value of $29,250.00. Insiders acquired a total of 250,000 shares of company stock worth $69,775 in the last three months.

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Dividend History for Advent Claymore Convertible Securities and Income Fund of Beneficial Interest (NYSE:AGC)

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