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

Virtus Diversified Income & Convertible Fund (NYSE:ACV) declared a dividend on Thursday, September 12th, investing.com reports. Investors of record on Monday, September 16th will be given a dividend of 0.18 per share by the consumer goods maker on Thursday, September 26th. This represents a yield of 10.27%. The ex-dividend date of this dividend is Friday, September 13th.

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

Virtus Diversified Income & Convertible Fund Stock Up 0.1 %

NYSE:ACV traded up $0.03 during trading hours on Thursday, hitting $21.06. The stock had a trading volume of 18,173 shares, compared to its average volume of 32,253. The business’s 50 day moving average is $20.88 and its 200-day moving average is $21.83. Virtus Diversified Income & Convertible Fund has a one year low of $16.82 and a one year 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.