Allianzgi Diversified Incm and Cnvrtb Fd (NYSE:ACV) announced a monthly dividend on Tuesday, October 1st, Zacks reports. Stockholders of record on Friday, October 11th will be given a dividend of 0.167 per share by the consumer goods maker on Friday, November 1st. This represents a $2.00 annualized dividend and a dividend yield of 8.95%. The ex-dividend date is Thursday, October 10th.

Allianzgi Diversified Incm and Cnvrtb Fd has increased its dividend payment by an average of 33.9% annually over the last three years.

ACV stock opened at $22.39 on Wednesday. Allianzgi Diversified Incm and Cnvrtb Fd has a 1-year low of $17.51 and a 1-year high of $24.62. The business’s 50 day moving average is $23.28 and its 200-day moving average is $23.27.

In other news, insider Justin Kass sold 16,700 shares of the company’s stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $23.69, for a total value of $395,623.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

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.

See Also: Dividend Aristocrat Index

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

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