Allianzgi Convertible & Income Fund II (NYSE:NCZ) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Thursday, December 12th will be paid a dividend of 0.045 per share by the investment management company on Thursday, January 2nd. This represents a $0.54 dividend on an annualized basis and a dividend yield of 10.82%. The ex-dividend date is Wednesday, December 11th.
Shares of NCZ stock traded up $0.02 on Wednesday, reaching $4.99. The company had a trading volume of 183,047 shares, compared to its average volume of 254,781. The company has a 50-day moving average of $4.99 and a 200-day moving average of $5.02. Allianzgi Convertible & Income Fund II has a 12 month low of $4.20 and a 12 month high of $5.80.
About Allianzgi Convertible & Income Fund II
AllianzGI Convertible & Income Fund II is a closed ended fixed income 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 fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade.
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