Advent Claymore Convt Security & Income Fund To Go Ex-Dividend On October 12th, 2023 With 0.1172 USD Dividend Per Share

Moomoo News · Oct 2, 2023 19:35

October 3rd - $Advent Claymore Convt Security & Income Fund (AVK.US)$ is trading ex-dividend on October 12th, 2023.

Shareholders of record on October 13th, 2023 will receive 0.1172 USD dividend per share on October 31st, 2023. The ex-dividend date is October 12th, 2023.

What Is a Cash Dividend?

A cash dividend is a payment made by a company to its shareholders in the form of periodic distributions of cash.

Cash dividends provide investors income, but come with tax consequences; they may also cause the company's share price to drop by the amount of the dividend paid.

What Is a Stock Dividend?

A stock dividend is a dividend paid to shareholders in the form of additional shares in the company.

Stock dividends are not usually taxed, increase the shareholder's stake in the company and give them the choice to keep or sell the shares; they also dilute the value of existing shares.

Note:

The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only. Dividends are not guaranteed and are subject to change or elimination. We do not provide tax advice and any tax-related information provided is general in nature and should not be considered tax advice. Consult a tax professional regarding your specific tax situation.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

Advent Claymore Convt Security & Income Fund To Go Ex-Dividend On October 12th, 2023 With 0.1172 USD Dividend Per Share

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