Advent Convertible and Income Fund
AVKFinancial Services · Stock · monthly payer
$13.01
Add to PortfolioForward Yield
10.81%
Annual Dividend
$1.41
Payout Ratio
52%
5-Yr Growth
0.5%
Ex-Date
Jun 15, 2026
Frequency
Monthly
AVK Dividend Safety Score
86/ 100
Grade A
Very Safe
Dividend-growth streak16 consecutive years of growth
Cut historyCut its dividend in 2009
Earnings payout coverage52% of earnings paid out
Balance-sheet strengthDebt/equity of 0.59
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is AVK a good dividend stock?
YesAdvent Convertible and Income Fund (AVK) pays a monthly dividend yielding 10.81% ($1.41/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 16 consecutive years of dividend growth
- Comfortable payout ratio (52%)
- Top-tier dividend safety score
Risks
- Cut its dividend in 2009
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 10.81%
- Payout Ratio
- 52%
- Annual Dividend
- $1.41
- 5-Yr Avg Growth
- 0.5%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 16
- Frequency
- monthly
- Beta
- 1.29
- Market Cap
- $574.4M
- P/E Ratio
- 4.8
- 5-Yr Total Return
- -32%
- 52-Week Range
- $10.77 – $13.28
- Dividend Safety
- A · 86/100
- Ever Cut?
- Yes (2009)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.1170 | regular |
| Apr 15, 2026 | — | $0.1170 | regular |
| Mar 13, 2026 | — | $0.1170 | regular |
| Feb 13, 2026 | — | $0.1170 | regular |
| Jan 15, 2026 | — | $0.1170 | regular |
| Dec 15, 2025 | — | $0.1170 | regular |
| Nov 14, 2025 | — | $0.1170 | regular |
| Oct 15, 2025 | — | $0.1170 | regular |
| Sep 15, 2025 | — | $0.1170 | regular |
| Aug 15, 2025 | — | $0.1170 | regular |
| Jul 15, 2025 | — | $0.1170 | regular |
| Jun 13, 2025 | — | $0.1170 | regular |
| May 15, 2025 | — | $0.1170 | regular |
| Apr 15, 2025 | — | $0.1170 | regular |
Income Calculator
At $1.41 / yr per share
Per payment (monthly)$11.75
Annual$141.00
Monthly avg$11.75
