AllianzGI Convertible & Income Fund II About To Put More Money In Your Pocket (NCZ)

Looking at the universe of stocks we cover at Dividend Channel, on 11/7/13, AllianzGI Convertible & Income Fund II (NYSE: NCZ) will trade ex-dividend, for its monthly dividend of $0.085, payable on 12/2/13. As a percentage of NCZ's recent stock price of $8.86, this dividend works out to approximately 0.96%, so look for shares of AllianzGI Convertible & Income Fund II to trade 0.96% lower — all else being equal — when NCZ shares open for trading on 11/7/13.

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Below is a dividend history chart for NCZ, showing historical dividends prior to the most recent $0.085 declared by AllianzGI Convertible & Income Fund II:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NCZ is likely to continue, and whether the current estimated yield of 11.51% on annualized basis is a reasonable expectation of annual yield going forward.

The chart below shows the one year performance of NCZ shares, versus its 200 day moving average:

Looking at the chart above, NCZ's low point in its 52 week range is $7.37 per share, with $9.10 as the 52 week high point — that compares with a last trade of $8.86.

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In Wednesday trading, AllianzGI Convertible & Income Fund II shares are currently up about 0.1% on the day.