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Advent Claymore Convertible Securities and Income Fund Stock Dividends Overview

AVK pays dividends monthly. Last paid amount was $0 at May 14, 2024. As of today, dividend yield (TTM) is 11.50%.

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) 11.50%
Frequency Monthly
1Y Growth -100.00%
Payout Ratio 0
Amount Per Share $0
Advent Claymore Convertible Securities and Income Fund has not yet announced its next dividend date. Last payment date was: May 14, 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
31 Dec 01, 2021 Dec 14, 2021 Dec 31, 2021 $0.117 0.634%
32 Nov 01, 2021 Nov 12, 2021 Nov 30, 2021 $0.117 0.653%
33 Oct 01, 2021 Oct 14, 2021 Oct 29, 2021 $0.117 0.608%
34 Sep 01, 2021 Sep 14, 2021 Sep 30, 2021 $0.117 0.651%
35 Aug 02, 2021 Aug 12, 2021 Aug 31, 2021 $0.117 0.614%
36 Jul 03, 2021 Jul 14, 2021 Jul 30, 2021 $0.117 0.609%
37 Jun 01, 2021 Jun 14, 2021 Jun 30, 2021 $0.117 0.607%
38 May 03, 2021 May 13, 2021 May 28, 2021 $0.117 0.600%
39 Apr 06, 2021 Apr 14, 2021 Apr 30, 2021 $0.117 0.636%
40 Mar 01, 2021 Mar 12, 2021 Mar 31, 2021 $0.117 0.662%

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 (4.62%)

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 11.50%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.83%). 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 (10.97%).

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 May 14, 2024.

How much does AVK pays per share?
The last recorder (May 14, 2024) dividend per share was $0.

What is AVK dividend growth rate?
Over the last year, Advent Claymore Convertible Securities and Income Fund has witnessed growth rate of -100.00% . Looking back over the past 3 years, this growth rate has been -100.00%. Furthermore, examining the past 5 years, Advent Claymore Convertible Securities and Income Fund has maintained an average Dividends Per Share Growth Rate of -100.00%.
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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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