Virtus Convertible & Income Fund Declares Monthly Dividend of $0.03 (NYSE:NCV)

Virtus Convertible & Income Fund (NYSE:NCVGet Free Report) declared a monthly dividend on Thursday, June 6th, NASDAQ reports. Shareholders of record on Thursday, July 11th will be given a dividend of 0.034 per share by the investment management company on Tuesday, July 30th. This represents a $0.41 annualized dividend and a yield of 12.22%. The ex-dividend date of this dividend is Thursday, July 11th.

Virtus Convertible & Income Fund has decreased its dividend by an average of 3.8% per year over the last three years.

Virtus Convertible & Income Fund Price Performance

Shares of NYSE:NCV opened at $3.34 on Wednesday. The company’s 50 day simple moving average is $3.24 and its 200 day simple moving average is $3.25. Virtus Convertible & Income Fund has a 1 year low of $2.84 and a 1 year high of $3.59.

Virtus Convertible & Income Fund Company Profile

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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.

See Also

Dividend History for Virtus Convertible & Income Fund (NYSE:NCV)

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