Virtus Convertible & Income Fund (NCV) to Issue Monthly Dividend of $0.14 on May 28th

Virtus Convertible & Income Fund (NYSE:NCVGet Free Report) declared a monthly dividend on Wednesday, March 4th. Shareholders of record on Monday, May 11th will be given a dividend of 0.136 per share by the investment management company on Thursday, May 28th. This represents a c) dividend on an annualized basis and a yield of 9.4%. The ex-dividend date is Monday, May 11th.

Virtus Convertible & Income Fund Stock Up 1.7%

Shares of NCV stock opened at $17.44 on Friday. Virtus Convertible & Income Fund has a 1-year low of $13.02 and a 1-year high of $17.45. The company has a 50-day moving average of $15.83 and a two-hundred day moving average of $15.67.

Virtus Convertible & Income Fund Company Profile

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Virtus Convertible & Income Fund Inc (NYSE: NCV) is a diversified, closed-end management investment company sponsored by Virtus Investment Partners. Listed on the New York Stock Exchange, the fund seeks to deliver a high level of total return by investing primarily in convertible securities and other income-oriented instruments. It pursues a balanced approach that combines elements of equity growth potential with fixed-income stability, aiming to appeal to investors focused on current income and long-term capital appreciation.

The fund’s portfolio is constructed predominantly of convertible bonds issued by U.S.

See Also

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

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