Virtus Diversified Income & Convertible Fund Declares Monthly Dividend of $0.21 (NYSE:ACV)

Virtus Diversified Income & Convertible Fund (NYSE:ACV) announced a monthly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, November 12th will be paid a dividend of 0.215 per share by the consumer goods maker on Friday, November 27th. This represents a c) annualized dividend and a yield of 10.3%. The ex-dividend date of this dividend is Thursday, November 12th.

Virtus Diversified Income & Convertible Fund Stock Down 1.2%

Shares of Virtus Diversified Income & Convertible Fund stock traded down $0.29 on Thursday, reaching $24.96. The company’s stock had a trading volume of 11,861 shares, compared to its average volume of 26,645. Virtus Diversified Income & Convertible Fund has a 52-week low of $23.44 and a 52-week high of $29.04. The stock has a 50-day moving average price of $26.58 and a 200-day moving average price of $26.66.

Virtus Diversified Income & Convertible Fund Company Profile

Virtus Diversified Income & Convertible Fund (NYSE: ACV) is a publicly traded closed-end fund managed by Virtus Investment Advisers, Inc The fund seeks to provide total return through a combination of current income and capital appreciation.

ACV invests in a diversified portfolio of income-producing securities and convertible securities. Its holdings may include convertible bonds and preferred stocks, as well as common stocks and corporate debt securities, including below-investment-grade bonds.