Advent/Claymore Enhanced Growth & Income (NYSE:LCM) declared a quarterly dividend on Friday, February 2nd, Wall Street Journal reports. Investors of record on Thursday, February 15th will be paid a dividend of 0.21 per share by the investment management company on Wednesday, February 28th. This represents a $0.84 annualized dividend and a yield of 10.36%. The ex-dividend date of this dividend is Wednesday, February 14th.
Advent/Claymore Enhanced Growth & Income (LCM) opened at $8.11 on Tuesday. Advent/Claymore Enhanced Growth & Income has a fifty-two week low of $7.90 and a fifty-two week high of $8.90.
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Advent/Claymore Enhanced Growth & Income Company Profile
Advent/Claymore Enhanced Growth & Income Fund is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income and current gains from trading in securities, with a secondary objective of long-term capital appreciation. Under normal market conditions, the Fund invests approximately 40% of its managed assets in a diversified portfolio of equity securities and convertible securities of the United States and non-United States issuers, and may invest up to 60% of its managed assets in non-convertible high-yield securities.
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