NCV Ex-Dividend Reminder - 5/7/15

Looking at the universe of stocks we cover at Dividend Channel, on 5/7/15, AllianzGI Convertible & Income Fund (NCV) will trade ex-dividend, for its monthly dividend of $0.09, payable on 6/1/15. As a percentage of NCV's recent stock price of $9.12, this dividend works out to approximately 0.99%, so look for shares of AllianzGI Convertible & Income Fund to trade 0.99% lower — all else being equal — when NCV shares open for trading on 5/7/15.

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Below is a dividend history chart for NCV, showing historical dividends prior to the most recent $0.09 declared by AllianzGI Convertible & Income Fund:

NCV+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NCV is likely to continue, and whether the current estimated yield of 11.84% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of NCV shares, versus its 200 day moving average:

AllianzGI Convertible & Income Fund 200 Day Moving Average Chart

Looking at the chart above, NCV's low point in its 52 week range is $8.45 per share, with $10.65 as the 52 week high point — that compares with a last trade of $9.12.

In Tuesday trading, AllianzGI Convertible & Income Fund shares are currently down about 0.2% on the day.

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