Virtus Convertible & Income Fund to Issue — Dividend of $0.03 (NYSE:NCV)

Virtus Convertible & Income Fund (NYSE:NCVGet Free Report) announced a — dividend on Tuesday, March 5th, Wall Street Journal reports. Stockholders of record on Thursday, June 13th will be given a dividend of 0.034 per share by the investment management company on Thursday, June 27th. This represents a dividend yield of 12.6%. The ex-dividend date of this dividend is Thursday, June 13th.

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

Virtus Convertible & Income Fund Trading Up 0.6 %

NCV opened at $3.25 on Tuesday. The firm’s 50 day moving average is $3.19 and its 200-day moving average is $3.25. Virtus Convertible & Income Fund has a 52-week low of $2.84 and a 52-week 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.

Further Reading

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

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