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

Advent Claymore Convertible Securities and Income Fund of Beneficial Interest (NYSE:AGC) announced a monthly dividend on Friday, February 2nd, Wall Street Journal reports. Stockholders of record on Thursday, February 15th will be given a dividend of 0.047 per share by the exchange traded fund on Wednesday, February 28th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 9.56%. The ex-dividend date of this dividend is Wednesday, February 14th.

Advent Claymore Convertible Securities and Income Fund of Beneficial Interest (NYSE:AGC) traded down $0.14 during trading on Friday, hitting $5.90. 224,892 shares of the stock were exchanged, compared to its average volume of 166,187. Advent Claymore Convertible Securities and Income Fund of Beneficial Interest has a twelve month low of $5.86 and a twelve month high of $6.49.

In related news, insider Advent Capital Management /De/ sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $6.02, for a total transaction of $60,200.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Rowland Wallace Uloth bought 112,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 7th. The shares were acquired at an average cost of $0.26 per share, for a total transaction of $29,250.00.

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

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