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

Virtus Diversified Income & Convertible Fund (NYSE:ACVGet Free Report) announced a monthly dividend on Thursday, June 6th, Wall Street Journal reports. Shareholders of record on Thursday, July 11th will be paid a dividend of 0.18 per share by the consumer goods maker on Tuesday, July 30th. This represents a $2.16 annualized dividend and a yield of 10.10%. The ex-dividend date of this dividend is Thursday, July 11th.

Virtus Diversified Income & Convertible Fund has decreased its dividend payment by an average of 3.2% per year over the last three years.

Virtus Diversified Income & Convertible Fund Trading Up 0.7 %

Virtus Diversified Income & Convertible Fund stock opened at $21.39 on Tuesday. The company has a 50 day moving average of $21.57 and a 200-day moving average of $22.14. Virtus Diversified Income & Convertible Fund has a twelve month low of $16.82 and a twelve month high of $24.50.

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.

Further Reading

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

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