Allianzgi Convertible & Income Fund to Issue Monthly Dividend of $0.05 (NYSE:NCV)

Allianzgi Convertible & Income Fund (NYSE:NCV) declared a monthly dividend on Tuesday, June 4th, Wall Street Journal reports. Investors of record on Thursday, June 13th will be given a dividend of 0.0525 per share by the investment management company on Monday, July 1st. This represents a $0.63 annualized dividend and a yield of 11.19%. The ex-dividend date of this dividend is Wednesday, June 12th.

Allianzgi Convertible & Income Fund has decreased its dividend by an average of 8.1% annually over the last three years.

NCV stock opened at $5.63 on Tuesday. Allianzgi Convertible & Income Fund has a 12 month low of $4.75 and a 12 month high of $7.16.

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About Allianzgi Convertible & Income Fund

AllianzGI Convertible & Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade.

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

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