Advent Convertible and Income Fund (NYSE: AVK) increased its dividend to $0.12 per share from $0.09.

Advent Convertible and Income Fund (NYSE: AVK) has increased its dividend to $0.12 per share from $0.09, payable to shareholders of record on September 13th, with an ex-dividend date also on September 13th, and distribution on September 30th. Despite this, the fund's shares traded down $0.13 to $12.52 on September 4th, reflecting a challenging stock performance. The fund focuses on U.S. fixed income markets.

September 04, 2024
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