Advent Claymore Convertible Securities & Income Fund II (NYSE:AGC) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Friday, December 15th will be paid a dividend of 0.047 per share by the exchange traded fund on Friday, December 29th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 9.40%. The ex-dividend date of this dividend is Thursday, December 14th.

Shares of Advent Claymore Convertible Securities & Income Fund II (AGC) traded down $0.03 during midday trading on Tuesday, hitting $6.00. The stock had a trading volume of 91,100 shares, compared to its average volume of 136,933. Advent Claymore Convertible Securities & Income Fund II has a 12-month low of $5.47 and a 12-month high of $6.49.

In related news, insider Advent Capital Management /De/ sold 469,000 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $6.19, for a total value of $2,903,110.00. Following the transaction, the insider now owns 390,544 shares in the company, valued at $2,417,467.36. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Rowland Wallace Uloth acquired 112,500 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The stock was purchased at an average price of $0.26 per share, for a total transaction of $29,250.00. In the last 90 days, insiders bought 699,500 shares of company stock worth $208,625 and sold 1,411,564 shares worth $6,580,118.

COPYRIGHT VIOLATION NOTICE: “Advent Claymore Convertible Securities & Income Fund II Plans Monthly Dividend of $0.05 (AGC)” was first posted by Daily Political and is owned by of Daily Political. If you are viewing this article on another website, it was copied illegally and reposted in violation of United States and international copyright laws. The correct version of this article can be accessed at https://www.dailypolitical.com/2017/12/05/advent-claymore-convertible-securities-income-fund-ii-plans-monthly-dividend-of-0-05-agc.html.

Dividend History for Advent Claymore Convertible Securities & Income Fund II (NYSE:AGC)

Receive News & Ratings for Advent Claymore Convertible Securities & Income Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advent Claymore Convertible Securities & Income Fund II and related companies with MarketBeat.com's FREE daily email newsletter.