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

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) dividend on an annualized basis and a yield of 10.4%. The ex-dividend date of this dividend is Thursday, November 12th.

Virtus Diversified Income & Convertible Fund Price Performance

ACV stock traded down $0.39 during mid-day trading on Thursday, hitting $24.86. The stock had a trading volume of 10,283 shares, compared to its average volume of 26,636. The firm has a fifty day simple moving average of $26.58 and a 200 day simple moving average of $26.66. Virtus Diversified Income & Convertible Fund has a 52 week low of $23.44 and a 52 week high of $29.04.

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.