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Realtime updates for Advent Convertible and [AVK]

Exchange: NYSE Sector: Financial Services Industry: Asset Management
Last Updated19 Apr 2024 @ 16:00

0.98% 11.36

Live Chart Being Loaded With Signals

Commentary (19 Apr 2024 @ 16:00):

Advent Claymore Convertible Securities and Income Fund is a closed-ended fixed income mutual fund launched and managed by Advent Capital Management, LLC...

Stats
Today's Volume 87 499.00
Average Volume 118 447
Market Cap 392.99M
Last Dividend 0.117 ( 2024-02-14 )
Next Dividend 0 ( N/A )
P/E -59.79
ATR14 0.00500 (0.04%)
Insider Trading
Date Person Action Amount type
2024-02-02 Stuebe Nancy E. Buy 400 Common Stock
2023-12-20 Maitland Tracy V Sell 7 163 Common Stock
2023-11-08 Stuebe Nancy E. Buy 400 Common Stock
2023-08-02 Stuebe Nancy E. Buy 375 Common Stock
2023-07-14 Maitland Tracy V Sell 30 000 Common Stock
INSIDER POWER
-96.14
Last 97 transactions
Buy: 486 616 | Sell: 513 151

Volume Correlation

Long: -0.09 (neutral)
Short: 0.59 (weak)
Signal:(63.843) Neutral

Advent Convertible and Correlation

10 Most Positive Correlations
ABR-PD0.878
CYD0.874
CHCT0.873
HR0.871
AL0.869
FSD0.864
CODI0.864
B0.863
BNJ0.863
WFC-PA0.863
10 Most Negative Correlations
EUM-0.83
EEV-0.821
SKF-0.82
REK-0.816
SRS-0.814
EDZ-0.812
SEF-0.812
RWM-0.808

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Advent Convertible and Correlation - Currency/Commodity

The country flag -0.49
( neutral )
The country flag -0.51
( weak negative )
The country flag 0.00
( neutral )
The country flag -0.48
( neutral )
The country flag 0.83
( strong )
The country flag 0.41
( neutral )

Advent Convertible and Financials

Annual 2023
Revenue: -3.53M
Gross Profit: -10.44M (295.63 %)
EPS: -0.200
Q4 2023
Revenue: 7.18M
Gross Profit: 3.79M (52.80 %)
EPS: -0.840
Q2 2023
Revenue: 12.80M
Gross Profit: 9.28M (72.50 %)
EPS: 0.630
Q1 2023
Revenue: 8.78M
Gross Profit: 8.78M (100.00 %)
EPS: 0.320

Financial Reports:

No articles found.

Advent Convertible and Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
0.352
(N/A)
0.352
(N/A)
0.352
(N/A)
0.352
(N/A)
0.352
(N/A)
0.352
(N/A)
0.234
(N/A)
0
(N/A)
0
(N/A)
0
(N/A)

Advent Convertible and Dividend Information - Dividend King

Dividend Sustainability Score: 0 - low (50.00%) | Divividend Growth Potential Score: 2.03 - Decrease likely (59.37%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend 0.172 2003-07-11
Last Dividend 0.117 2024-02-14
Next Dividend 0 N/A
Payout Date 2024-02-29
Next Payout Date N/A
# dividends 256 --
Total Paid Out 34.08 --
Avg. Dividend % Per Year 8.50% --
Score 6.61 --
Div. Sustainability Score 0
Div.Growth Potential Score 2.03
Div. Directional Score 0.708 --
Next Divdend (Est)
(2024-07-01)
0.120 Estimate 62.19 %
Dividend Stability
1.00 Excellent
Dividend Score
6.61
Pay Frequency
Monthly
Yearly Payout
Year Amount Yield
2003 1.547 6.18%
2004 2.58 9.77%
2005 2.58 9.59%
2006 2.06 8.96%
2007 2.19 7.86%
2008 1.986 8.57%
2009 1.128 9.63%
2010 1.582 9.97%
2011 1.349 7.43%
2012 1.128 7.38%
2013 1.222 7.52%
2014 1.128 6.09%
2015 1.128 6.91%
2016 1.128 8.31%
2017 1.287 8.76%
2018 1.407 8.78%
2019 1.408 11.00%
2020 1.408 9.03%
2021 2.80 17.20%
2022 1.408 7.67%
2023 1.408 12.70%
2024 0.234 2.06%

Dividend Commentary

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Top 10 dividend Companies for NYSE

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
LOMA Dividend Knight 2023-06-30 Quarterly 2 5.23% 8.53
NCZ Dividend Royal 2024-02-09 Monthly 22 7.79% 8.50
KIO Dividend Royal 2023-12-14 Monthly 12 7.05% 8.50
SBR Dividend Royal 2023-11-14 Monthly 38 7.74% 8.50
SCM Dividend King 2023-12-15 Monthly 13 7.08% 8.50
SJT Dividend Royal 2023-11-29 Monthly 39 12.52% 8.50
ZTR Dividend King 2024-02-09 Monthly 37 8.35% 8.50
SRV Dividend Royal 2023-12-04 Monthly 18 7.53% 8.50
PHK Dividend Royal 2023-11-10 Monthly 22 6.88% 8.50
JQC Dividend Royal 2023-11-14 Monthly 22 6.56% 8.50

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM-29.701.500-10.00-10.00[0 - 0.5]
returnOnAssetsTTM-0.07731.200-2.58-3.09[0 - 0.3]
returnOnEquityTTM-0.1371.500-2.63-3.95[0.1 - 1]
payoutRatioTTM-1.498-1.000-10.0010.00[0 - 1]
currentRatioTTM1.9180.8005.414.33[1 - 3]
quickRatioTTM3.740.80010.008.00[0.8 - 2.5]
cashRatioTTM0.05611.500-0.799-1.199[0.2 - 2]
debtRatioTTM0.716-1.50010.00-10.00[0 - 0.6]
interestCoverageTTM-1.6911.000-1.737-1.737[3 - 30]
operatingCashFlowPerShareTTM0.5602.009.8110.00[0 - 30]
freeCashFlowPerShareTTM0.5602.009.7210.00[0 - 20]
debtEquityRatioTTM1.406-1.5004.38-6.56[0 - 2.5]
grossProfitMarginTTM-4.471.000-10.00-10.00[0.2 - 0.8]
operatingProfitMarginTTM-20.001.000-10.00-10.00[0.1 - 0.6]
cashFlowToDebtRatioTTM0.03691.000-0.906-0.906[0.2 - 2]
assetTurnoverTTM0.002600.800-3.32-2.65[0.5 - 2]
Total Score-0.615

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM-7.291.000-0.8370[1 - 100]
returnOnEquityTTM-0.1372.50-1.693-3.95[0.1 - 1.5]
freeCashFlowPerShareTTM0.5602.009.8110.00[0 - 30]
dividendYielPercentageTTM11.771.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM0.5602.009.8110.00[0 - 30]
payoutRatioTTM-1.4981.500-10.0010.00[0 - 1]
pegRatioTTM0.03841.500-3.080[0.5 - 2]
operatingCashFlowSalesRatioTTM10.141.00010.000[0.1 - 0.5]
Total Score2.03

Advent Convertible and

Advent Claymore Convertible Securities and Income Fund is a closed-ended fixed income mutual fund launched and managed by Advent Capital Management, LLC. The fund primarily invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across the diversified sectors. The fund invests approximately 60% of its portfolio in convertible securities and rest in lower-grade non-convertible income securities. It employs fundamental analysis to create its portfolio. Advent Claymore Convertible Securities and Income Fund was formed on April 29, 2003 and is domiciled in the United States.

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