Allianzgi Diversified Incm and Cnvrtb Fd (ACV) to Issue Monthly Dividend of $0.17 on December 2nd

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Allianzgi Diversified Incm and Cnvrtb Fd (NYSE:ACV) announced a monthly dividend on Friday, November 1st, Zacks reports. Stockholders of record on Tuesday, November 12th will be paid a dividend of 0.167 per share by the consumer goods maker on Monday, December 2nd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.36%. The ex-dividend date is Friday, November 8th.

ACV traded up $0.09 during trading on Wednesday, hitting $23.96. The stock had a trading volume of 1,840 shares, compared to its average volume of 36,741. The company has a 50 day moving average price of $22.97 and a 200-day moving average price of $23.32. Allianzgi Diversified Incm and Cnvrtb Fd has a one year low of $17.51 and a one year high of $24.62.

About Allianzgi Diversified Incm and Cnvrtb Fd

AllianzGI Diversified Income & Convertible Fund is a closed-ended balanced 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 the public equity and fixed income markets. The fund primarily invests in diversified portfolio of convertible securities, income-producing equity securities, and income-producing debt and other instruments of varying maturities.

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Dividend History for Allianzgi Diversified Incm and Cnvrtb Fd (NYSE:ACV)

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