Virtus Convertible & Income Fund Plans Monthly Dividend of $0.14 (NYSE:NCV)

Virtus Convertible & Income Fund (NYSE:NCV) announced a monthly dividend on Wednesday, November 19th. Stockholders of record on Thursday, December 11th will be given a dividend of 0.136 per share by the investment management company on Tuesday, December 30th. This represents a c) dividend on an annualized basis and a dividend yield of 11.0%. The ex-dividend date is Thursday, December 11th.

Virtus Convertible & Income Fund Stock Up 0.1%

Shares of Virtus Convertible & Income Fund stock opened at $14.85 on Thursday. Virtus Convertible & Income Fund has a 12 month low of $11.51 and a 12 month high of $15.83. The business has a fifty day simple moving average of $15.32 and a 200-day simple moving average of $14.48.

Virtus Convertible & Income Fund Company Profile

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.