Allianzgi Convertible & Income Fund II (NYSE:NCZ) announced a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Stockholders of record on Friday, January 12th will be given a dividend of 0.0575 per share by the investment management company on Thursday, February 1st. This represents a $0.69 annualized dividend and a dividend yield of 11.08%. The ex-dividend date of this dividend is Thursday, January 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 (NYSE:NCZ) traded up $0.03 during trading on Wednesday, hitting $6.23. 263,531 shares of the stock traded hands, compared to its average volume of 285,466. The stock has a market cap of $462.90, a PE ratio of 9.30 and a beta of 1.03. Allianzgi Convertible & Income Fund II has a 12-month low of $5.69 and a 12-month 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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