Virtus Diversified Income & Convertible Fund (NYSE:ACV – Get Free Report) declared a — dividend on Tuesday, September 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, November 12th will be given a dividend of 0.18 per share by the consumer goods maker on Wednesday, November 27th. This represents a dividend yield of 10.2%. The ex-dividend date of this dividend is Tuesday, November 12th.
Virtus Diversified Income & Convertible Fund has decreased its dividend by an average of 3.2% per year over the last three years.
Virtus Diversified Income & Convertible Fund Stock Performance
Shares of ACV stock opened at $21.17 on Thursday. Virtus Diversified Income & Convertible Fund has a 12-month low of $16.82 and a 12-month high of $24.50. The firm’s 50 day moving average is $20.89 and its 200 day moving average is $21.89.
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.
Featured Articles
- Five stocks we like better than Virtus Diversified Income & Convertible Fund
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- Why the Recent Drop in Palantir Could Be a Perfect Buying Moment
- What Investors Need to Know to Beat the Market
- Agilent Technologies Thrives From the Forever Chemicals Crackdown
- Industrial Products Stocks Investing
- How Starbucks and Airbnb Fit Buffett’s Winning Stock Strategy
Receive News & Ratings for Virtus Diversified Income & Convertible Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virtus Diversified Income & Convertible Fund and related companies with MarketBeat.com's FREE daily email newsletter.