Virtus Diversified Income & Convertible Fund (ACV) to Issue Monthly Dividend of $0.18 on June 27th

Virtus Diversified Income & Convertible Fund (NYSE:ACVGet Free Report) declared a monthly dividend on Friday, March 1st, Wall Street Journal reports. Investors of record on Thursday, June 13th will be paid a dividend of 0.18 per share by the consumer goods maker on Thursday, June 27th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 10.29%. The ex-dividend date of this dividend is Thursday, June 13th.

Virtus Diversified Income & Convertible Fund has decreased its dividend by an average of 3.2% per year over the last three years and has raised its dividend annually for the last 1 consecutive years.

Virtus Diversified Income & Convertible Fund Price Performance

Shares of NYSE ACV opened at $20.99 on Tuesday. Virtus Diversified Income & Convertible Fund has a 1-year low of $16.82 and a 1-year high of $24.50. The business’s 50 day moving average is $22.36 and its two-hundred day moving average is $21.98.

About Virtus Diversified Income & Convertible Fund

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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.

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

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