AllianzGI Convertible & Income 2024 Target Term Fund of Beneficial Interest Declares Monthly Dividend of $0.05 (CBH)

AllianzGI Convertible & Income 2024 Target Term Fund of Beneficial Interest (NYSE:CBH) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Stockholders of record on Friday, January 12th will be paid a dividend of 0.046 per share on Thursday, February 1st. This represents a $0.55 dividend on an annualized basis and a dividend yield of 6.08%. The ex-dividend date of this dividend is Thursday, January 11th.

AllianzGI Convertible & Income 2024 Target Term Fund of Beneficial Interest (NYSE CBH) traded down $0.01 during midday trading on Thursday, hitting $9.08. The company had a trading volume of 94,583 shares, compared to its average volume of 95,367. AllianzGI Convertible & Income 2024 Target Term Fund of Beneficial Interest has a 52-week low of $8.80 and a 52-week high of $10.50.

In other AllianzGI Convertible & Income 2024 Target Term Fund of Beneficial Interest news, insider Justin Kass purchased 10,000 shares of the stock in a transaction on Wednesday, November 8th. The shares were bought at an average cost of $9.43 per share, with a total value of $94,300.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last three months, insiders purchased 36,500 shares of company stock worth $336,995.

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