Virtus Convertible & Income Fund (NYSE:NCV – Get Free Report) declared a monthly dividend on Monday, March 10th, Wall Street Journal reports. Stockholders of record on Friday, April 11th will be given a dividend of 0.136 per share by the investment management company on Tuesday, April 29th. This represents a $1.63 annualized dividend and a dividend yield of 12.33%. The ex-dividend date of this dividend is Friday, April 11th.
Virtus Convertible & Income Fund has decreased its dividend payment by an average of 7.2% annually over the last three years.
Virtus Convertible & Income Fund Trading Down 0.7 %
Shares of NYSE:NCV opened at $13.24 on Monday. Virtus Convertible & Income Fund has a 1 year low of $12.06 and a 1 year high of $14.92. The firm has a fifty day moving average price of $14.04 and a 200 day moving average price of $14.04.
Virtus Convertible & Income Fund Company Profile
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
- Utilities Stocks Explained – How and Why to Invest in Utilities
- 4 Stocks Up 20%+ in the Last Month—Is More Growth Ahead?
- How to Invest in the FAANG Stocks
- Insider Scoop: 4 Stocks Insiders Are Buying and Selling
- Trading Halts Explained
- Play Both Sides: 3 Bond ETFs to Balance Offense and Defense
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.
