Virtus Convertible & Income Fund (NYSE:NCV – Get Free Report) declared a monthly dividend on Wednesday, November 20th, Wall Street Journal reports. Investors of record on Thursday, March 13th will be given a dividend of 0.136 per share by the investment management company on Friday, March 28th. This represents a $1.63 dividend on an annualized basis and a dividend yield of 12.58%. The ex-dividend date is Thursday, March 13th.
Virtus Convertible & Income Fund has decreased its dividend payment by an average of 7.2% per year over the last three years.
Virtus Convertible & Income Fund Stock Performance
Shares of NCV stock opened at $12.98 on Tuesday. The firm has a fifty day simple moving average of $14.02 and a two-hundred day simple moving average of $14.04. Virtus Convertible & Income Fund has a 12 month low of $12.06 and a 12 month high of $14.92.
About Virtus Convertible & Income Fund
Virtus Convertible & Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade.
Further Reading
- Five stocks we like better than Virtus Convertible & Income Fund
- There Are Different Types of Stock To Invest In
- 3 Stocks Investing $650 Billion in the U.S.—Should You Invest?
- Earnings Per Share Calculator: How to Calculate EPS
- How to Protect Your Portfolio When Inflation Is Rising
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- 3 Tech Stocks Defying Sector Weakness and Thriving in 2025
Receive News & Ratings for Virtus Convertible & Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virtus Convertible & Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
