Virtus Diversified Income & Convertible Fund Declares Monthly Dividend of $0.18 (NYSE:ACV)

Virtus Diversified Income & Convertible Fund (NYSE:ACV) declared a monthly dividend on Wednesday, November 19th. Investors of record on Monday, January 12th will be paid a dividend of 0.18 per share by the consumer goods maker on Thursday, January 29th. This represents a c) dividend on an annualized basis and a yield of 8.7%. The ex-dividend date is Monday, January 12th.

Virtus Diversified Income & Convertible Fund Stock Performance

Shares of ACV opened at $24.80 on Thursday. The firm has a 50 day simple moving average of $24.79 and a two-hundred day simple moving average of $23.23. Virtus Diversified Income & Convertible Fund has a one year low of $17.00 and a one year high of $26.33.

Virtus Diversified Income & Convertible Fund Company Profile

Virtus Diversified Income & Convertible Fund is a closed-ended balanced 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 the public equity and fixed income markets. The fund primarily invests in diversified portfolio of convertible securities, income-producing equity securities, and income-producing debt and other instruments of varying maturities.