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.
Recent dividend payments
| Ex-dividend date | Pay date | Amount | Type |
|---|---|---|---|
| $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?
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Calculate AVK dividend income →AVK appears in
Other financial services dividend stocks
Closest to AVK on yield.
- RABrookfield Real Assets Income12.09%
- AGDabrdn Global Dynamic Dividend Fund12.09%
- AODAbrdn Total Dynamic Dividend Fund12.04%
- HYTBlackRock Corporate High Yield Fund, Inc.12.00%
- BBDCBarings BDC, Inc.12.00%
- SLRCSLR Investment Corp.12.27%
- KBDCKayne Anderson BDC, Inc.12.27%
- GBABGuggenheim Taxable Municipal Bond & Investment Grade Debt Trust11.94%
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.