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

Virtus Diversified Income & Convertible Fund (NYSE:ACV) declared a dividend on Wednesday, November 20th,NASDAQ Dividends reports. Shareholders of record on Thursday, December 12th will be paid a dividend of 0.18 per share by the consumer goods maker on Monday, December 30th. The ex-dividend date of this dividend is Thursday, December 12th.

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 Stock Up 0.6 %

Shares of NYSE:ACV traded up $0.13 during trading on Thursday, hitting $22.13. The stock had a trading volume of 17,929 shares, compared to its average volume of 32,664. The firm’s fifty day moving average is $21.37 and its 200 day moving average is $21.25. Virtus Diversified Income & Convertible Fund has a 12 month low of $19.04 and a 12 month high of $24.50.

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.