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

AllianzGI Convertible & Income 2024 Target Term Fund of Beneficial Interest (NYSE:CBH) announced a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Stockholders of record on Friday, January 12th will be given 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 6.02%. The ex-dividend date of this dividend is Thursday, January 11th.

Shares of AllianzGI Convertible & Income 2024 Target Term Fund of Beneficial Interest (CBH) opened at $9.17 on Thursday. AllianzGI Convertible & Income 2024 Target Term Fund of Beneficial Interest has a 1-year low of $8.80 and a 1-year high of $10.50.

In other news, insider Justin Kass purchased 10,000 shares of the stock in a transaction dated Wednesday, November 8th. The shares were acquired at an average cost of $9.43 per share, for a total transaction of $94,300.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Insiders bought a total of 40,000 shares of company stock worth $371,500 over the last 90 days.

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