AVK Dividend
Advent Convertible and Income Fund
NYSEFinancial ServicesStockData as of
- Dividend yield
- 12.89%
- Annual dividend
- $1.41
- Payout ratio
- 0.39
- Frequency
- Monthly
- Share price
- $10.91
- Market cap
- $482M
Next payment
Ex-dividend date: Pay date: Amount: $0.1172
You must own the shares before the ex-dividend date to receive this payment.
Is AVK a good dividend stock?
What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.
- Yield is far above the marketAt 12.89%, the yield is more than three times the median of 2.81% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
- Dividend is comfortably coveredA payout ratio of 0.39 means roughly 39% of earnings go to the dividend, leaving room to keep paying through a weaker year.
- Dividend has been cut 4 timesAcross 23 complete years, the annual total fell in 2009, 2012, 2014 and earlier. The most recent reduction was in 2014.
- Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.
AVK dividend history
Annual dividend per share, 2003 to 2025.
Recent dividend payments
| Ex-dividend date | Pay date | Amount | Type |
|---|---|---|---|
| $0.1172 | Monthly | ||
| $0.1172 | Monthly | ||
| $0.1172 | Monthly | ||
| $0.1172 | Monthly | ||
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| $0.1172 | Monthly | ||
| $0.1172 | Monthly | ||
| $0.1172 | Monthly | ||
| $0.1172 | Monthly |
How much would AVK pay you?
Enter an amount and see the income this dividend would produce — per year, per payment and per month.
Calculate AVK dividend income →AVK appears in
Other financial services dividend stocks
Closest to AVK on yield.
- BXSLBlackstone Secured Lending Fund12.87%
- PCFHigh Income Securities Fund12.96%
- BITBlackRock Multi-Sector Income Trust12.96%
- EDDMorgan Stanley Emerging Markets Domestic Debt Fund, Inc.12.97%
- OCSLOaktree Specialty Lending Corporation12.80%
- MFICMidCap Financial Investment Corporation12.76%
- JFRNuveen Floating Rate Income Fund13.03%
- HIOWestern Asset High Income Opportunity Fund Inc12.75%
Frequently asked questions
- Does AVK pay a dividend?
- Yes. Advent Convertible and Income Fund pays a monthly dividend, currently yielding 12.89% based on trailing twelve-month payments of $1.41 per share.
- How much does AVK pay in dividends?
- $1.41 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
- When is the next AVK ex-dividend date?
- The next ex-dividend date on record is November 13, 2026, with payment on November 30, 2026. You must own the shares before the ex-dividend date to receive that payment.