Advent Claymore Convertible Securities & Income Fund II (NYSE:AGC) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Friday, December 15th will be given a dividend of 0.047 per share by the exchange traded fund on Friday, December 29th. This represents a $0.56 annualized dividend and a dividend yield of 9.35%. The ex-dividend date of this dividend is Thursday, December 14th.

Advent Claymore Convertible Securities & Income Fund II (NYSE:AGC) remained flat at $$6.03 during trading on Monday. 190,400 shares of the company traded hands, compared to its average volume of 137,131. Advent Claymore Convertible Securities & Income Fund II has a 52-week low of $5.45 and a 52-week high of $6.49.

In other news, insider Advent Capital Management /De/ sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $6.02, for a total value of $60,200.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider William Richard Brown sold 360,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 4th. The stock was sold at an average price of $0.30, for a total transaction of $108,000.00. In the last three months, insiders bought 699,500 shares of company stock valued at $208,625 and sold 1,411,564 shares valued at $6,580,118.

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Dividend History for Advent Claymore Convertible Securities & Income Fund II (NYSE:AGC)

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