Advent Convertible & Income Fund (AVK) Dividend Yield, History & Safety Analysis
Advent Convertible & Income Fund (AVK) pays a high 10.78% dividend yield, or $1.41 per share annually at a stock price of $12.95. The payout ratio of 52% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 1.9x. Dividend growth has been steady, with a 3-year CAGR of 0.9% and a 5-year CAGR of 0.5% (10-year: 2.5%). The most recent ex-dividend date was May 15, 2026.
- Dividend Yield
- 10.78%
- Annual Dividend
- $1.41
- Payout Ratio
- 52.3%
- Consecutive Years of Growth
- 0
- Ex-Dividend Date
- 2026-05-15
- Sector
- Financial Services
- Earnings Per Share
- $2.69
Frequently Asked Questions
What is AVK's current dividend yield?
Advent Convertible & Income Fund (AVK) has a dividend yield of 10.78%, paying $1.41 per share annually.
How often does AVK pay dividends?
Advent Convertible & Income Fund typically pays dividends on a quarterly basis. The annual dividend totals $1.41 per share.
Is AVK's dividend safe?
Advent Convertible & Income Fund's dividend safety is rated "Safe." The payout ratio of 52% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 1.9x.
When is AVK's next ex-dividend date?
The most recent ex-dividend date for Advent Convertible & Income Fund was May 15, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.
What is AVK's dividend growth rate?
Advent Convertible & Income Fund has a 5-year dividend compound annual growth rate (CAGR) of 0.5%. The 10-year CAGR is 2.5%.
What is AVK's payout ratio?
Advent Convertible & Income Fund has a payout ratio of 52%, meaning it distributes 52% of its earnings as dividends. This leaves significant room for dividend growth.
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