Dividend Information About Advent Convertible: Everything You Need to Know Before the Ex-Dividend Date on Oct 15, 2025

Advent Convertible & Income Fund (AVK) has officially announced a cash dividend of $0.11720000 per share, with an ex-dividend date set for Oct 15, 2025. This dividend was announced on Oct 1, 2025, and will be distributed on Oct 31, 2025. The most recent dividend payment of $0.11720000 per share was also made on Sep 30, 2025, under the same cash dividend format. When compared to the average of the last 10 dividend payments, which stood at approximately $0.1320 per share, this upcoming dividend appears slightly lower. Investors should note that while the dividend remains consistent in structure, the per-share amount has edged slightly below the historical average, potentially signaling a shift in the company’s current payout strategy.

Over the past week, Advent Convertible has seen heightened attention in the market. Analysts noted that AVK has shown a bearish technical signal with its Moving Average Convergence Divergence (MACD) recently indicating a potential price decline, prompting some traders to consider shorting the stock or exploring put options. As of late, AVK closed at $12.82, reflecting a modest gain of 0.39% for the session. Additionally, the fund has maintained an annual dividend yield of 10.97%, based on a $1.41 per share annual payout. Recent market reports highlight AVK’s ongoing commitment to monthly dividend distributions, with the next ex-dividend date now confirmed for Oct 15, 2025. Over the last few days, investors have also shown increased interest in AVK’s dividend history, current yield, and payment schedule, reflecting a broader appetite for income-oriented investments in the current market environment.

Since the last update, Advent Convertible and Income Fund has also been compared favorably with other similar funds such as Virtus Diversified Income & Convertible Fund (ACV) and Calamos Convertible & High Income Fund (CHY). These peer comparisons have underscored AVK’s competitive positioning in the convertible and income fund space. While AVK has maintained a relatively stable market presence, recent performance and fundamentals have attracted more scrutiny from income-focused investors. Source reported that AVK’s fund structure and management strategies continue to support its role as a reliable monthly income stream, despite broader market volatility.

In conclusion, Advent Convertible & Income Fund is set to distribute its next dividend of $0.11720000 per share on Oct 31, 2025, with an ex-dividend date of Oct 15, 2025. Investors must be aware that Oct 15, 2025 is the last day they can purchase the stock and still be eligible to receive this dividend; any purchases made after this date will not qualify for the payout.