Allianzgi Convertible & Income Fund (NCV) to Issue Monthly Dividend of $0.07

Allianzgi Convertible & Income Fund (NYSE:NCV) declared a monthly dividend on Thursday, February 1st, Zacks reports. Stockholders of record on Monday, February 12th will be paid a dividend of 0.065 per share by the investment management company on Thursday, March 1st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 10.99%. The ex-dividend date is Friday, February 9th.

Allianzgi Convertible & Income Fund has decreased its dividend by an average of 10.3% per year over the last three years.

Allianzgi Convertible & Income Fund (NYSE NCV) opened at $7.10 on Friday. Allianzgi Convertible & Income Fund has a 12-month low of $6.38 and a 12-month high of $7.28. The company has a market cap of $629.93, a PE ratio of 9.75 and a beta of 1.13.

Allianzgi Convertible & Income Fund (NYSE:NCV) last announced its quarterly earnings data on Monday, October 30th. The investment management company reported $0.18 EPS for the quarter. Allianzgi Convertible & Income Fund had a net margin of 43.09% and a return on equity of 4.23%.

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About Allianzgi Convertible & Income Fund

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.

Dividend History for Allianzgi Convertible & Income Fund (NYSE:NCV)

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