Advent Convertible and Income Fund (NYSE:AVK) Declares Dividend Increase – $0.12 Per Share

Advent Convertible and Income Fund (NYSE:AVK) announced a dividend on Tuesday, September 3rd, NASDAQ reports. Shareholders of record on Friday, September 13th will be paid a dividend of 0.1172 per share by the investment management company on Monday, September 30th. The ex-dividend date is Friday, September 13th. This is a boost from Advent Convertible and Income Fund’s previous dividend of $0.09.

Advent Convertible and Income Fund Stock Down 1.0 %

Shares of AVK opened at $12.52 on Thursday. Advent Convertible and Income Fund has a 1 year low of $9.24 and a 1 year high of $12.97. The company has a 50 day simple moving average of $12.41 and a two-hundred day simple moving average of $12.05.

About Advent Convertible and Income Fund

Advent Claymore Convertible Securities and Income Fund is a closed-ended fixed income mutual fund launched and managed by Advent Capital Management, LLC. The fund primarily invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across the diversified sectors.