Advent Claymore Convertible Securities and Income Fund Stock Dividends Overview

AVK pays dividends monthly. Last paid amount was $0.117 at Mar 29, 2024. As of today, dividend yield (TTM) is 12.56%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 12.56%
Frequency Monthly
1Y Growth 0.171%
Payout Ratio 0
Amount Per Share $0.117
Advent Claymore Convertible Securities and Income Fund has not yet announced its next dividend date. Last payment date was: Mar 29, 2024.

AVK Dividend Payout History

To ensure a understanding of AVK's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 01, 2024 Apr 12, 2024 Apr 30, 2024 $0.117 1.01%
2 Mar 14, 2024 Mar 14, 2024 Mar 29, 2024 $0.117 0.98%
3 Feb 01, 2024 Feb 14, 2024 Feb 29, 2024 $0.117 0.99%
4 Jan 02, 2024 Jan 11, 2024 Jan 31, 2024 $0.117 1.00%
5 Dec 01, 2023 Dec 14, 2023 Dec 29, 2023 $0.117 1.03%
6 Nov 01, 2023 Nov 14, 2023 Nov 30, 2023 $0.117 1.13%
7 Oct 02, 2023 Oct 12, 2023 Oct 31, 2023 $0.117 1.23%
8 Sep 01, 2023 Sep 14, 2023 Sep 29, 2023 $0.117 1.12%
9 Aug 01, 2023 Aug 14, 2023 Aug 31, 2023 $0.117 1.03%
10 Jul 03, 2023 Jul 13, 2023 Jul 31, 2023 $0.117 0.98%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (7.24%)

Growth potential

No dividend expected

AVK Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from AVK dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in AVK stock here.

Comparing AVK to Sector and Country

AVK pays a solid dividend yield of 12.56%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.85%). AVK’s dividend yield is higher than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.08%).

FAQ

What factors can affect the amount of AVK's dividend payments?
The amount of AVK's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in AVK sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from AVK stock be automatically reinvested?
If AVK offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy AVK stock.

How often does AVK pay dividend?
Advent Claymore Convertible Securities and Income Fund (AVK) pays dividends monthly. The most recent payout was on Mar 29, 2024.

How much does AVK pays per share?
The last recorder (Mar 14, 2024) dividend per share was $0.117.

What is AVK dividend growth rate?
Over the last year, Advent Claymore Convertible Securities and Income Fund has witnessed growth rate of 0.171% . Looking back over the past 3 years, this growth rate has been 0.0569%. Furthermore, examining the past 5 years, Advent Claymore Convertible Securities and Income Fund has maintained an average Dividends Per Share Growth Rate of 0.0342%.
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About Advent Claymore Convertible Securities and Income Fund

Advent Claymore Convertible Securities and Income Fund is a closed-ended fixed income mutual fund launched and managed by Advent Capital Management, LLC. The fund primarily invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across the diversified sectors. The fund invests approximately 60% of its portfolio in convertible securities and rest in lower-grade non-convertible income securi... AVK Profile

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