Allianzgi Convertible & Income Fund II (NYSE:NCZ) announced a monthly dividend on Friday, February 2nd, Wall Street Journal reports. Stockholders of record on Monday, February 12th will be given a dividend of 0.0575 per share by the investment management company on Thursday, March 1st. This represents a $0.69 annualized dividend and a dividend yield of 11.24%. The ex-dividend date of this dividend is Friday, February 9th.

Allianzgi Convertible & Income Fund II has decreased its dividend payment by an average of 12.2% per year over the last three years.

Shares of Allianzgi Convertible & Income Fund II (NYSE NCZ) opened at $6.14 on Thursday. The firm has a market cap of $458.42, a price-to-earnings ratio of 9.16 and a beta of 0.96. Allianzgi Convertible & Income Fund II has a 52-week low of $5.69 and a 52-week high of $6.49.

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Allianzgi Convertible & Income Fund II Company Profile

AllianzGI Convertible & Income Fund II (the Fund), formerly AGIC Convertible & Income Fund II, is a diversified, closed-end management investment company. The Fund’s investment objective is to provide total return through a combination of capital appreciation and high current income. The Fund focuses on investing approximately 50% of its portfolio in convertibles, but determines its allocation based on changes in equity prices, changes in interest rates and other economic and market factors.

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

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