AllianzGI Convertible & Income 2024 Target Term Fund of Beneficial Interest Announces Monthly Dividend of $0.05 (CBH)

AllianzGI Convertible & Income 2024 Target Term Fund of Beneficial Interest (NYSE:CBH) announced a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Friday, January 12th will be paid a dividend of 0.046 per share on Thursday, February 1st. This represents a $0.55 annualized dividend and a dividend yield of 6.02%. The ex-dividend date of this dividend is Thursday, January 11th.

Shares of AllianzGI Convertible & Income 2024 Target Term Fund of Beneficial Interest (NYSE CBH) traded up $0.03 during trading on Wednesday, hitting $9.17. 96,564 shares of the company traded hands, compared to its average volume of 93,382. AllianzGI Convertible & Income 2024 Target Term Fund of Beneficial Interest has a one year low of $8.80 and a one year high of $10.50.

In other AllianzGI Convertible & Income 2024 Target Term Fund of Beneficial Interest news, insider Justin Kass acquired 5,000 shares of AllianzGI Convertible & Income 2024 Target Term Fund of Beneficial Interest stock in a transaction that occurred on Thursday, October 26th. The shares were bought at an average price of $9.67 per share, with a total value of $48,350.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders purchased 40,000 shares of company stock worth $371,500.

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