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AVK Dividend

Advent Convertible and Income Fund

NYSEFinancial ServicesStockData as of
Dividend yield
12.10%
Annual dividend
$1.41
Payout ratio
0.39
Frequency
Monthly
Share price
$11.62
Market cap
$513M

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 12.10%, the yield is more than three times the median of 2.92% 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.

2003200720112015201920232025
Peak $2.18 in 2004Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for AVK, most recent first.
Ex-dividend datePay dateAmountType
$0.1172Monthly
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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

Closest to AVK on yield.

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Frequently asked questions

Does AVK pay a dividend?
Yes. Advent Convertible and Income Fund pays a monthly dividend, currently yielding 12.10% 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?
No upcoming ex-dividend date is currently on record for AVK. Dates appear here once the company declares them.