Allianzgi Diversified Incm and Cnvrtb Fd Plans Monthly Dividend of $0.17 (NYSE:ACV)

Allianzgi Diversified Incm and Cnvrtb Fd (NYSE:ACV) declared a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Thursday, December 12th will be paid a dividend of 0.167 per share by the consumer goods maker on Thursday, January 2nd. This represents a $2.00 dividend on an annualized basis and a yield of 8.16%. The ex-dividend date of this dividend is Wednesday, December 11th.

Shares of ACV traded up $0.29 during midday trading on Wednesday, reaching $24.56. The stock had a trading volume of 37,788 shares, compared to its average volume of 36,152. The company’s 50-day moving average is $23.81 and its 200 day moving average is $23.39. Allianzgi Diversified Incm and Cnvrtb Fd has a 12-month low of $17.51 and a 12-month high of $24.96.

Allianzgi Diversified Incm and Cnvrtb Fd Company Profile

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.

Further Reading: Producer Price Index (PPI)

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

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