Virtus Diversified Income & Convertible Fund (NYSE:ACV – Get Free Report) announced a dividend on Thursday, September 12th, investing.com reports. Shareholders 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 is Friday, September 13th.
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 0.1 %
ACV stock traded up $0.03 during midday trading on Thursday, reaching $21.06. 18,173 shares of the company’s stock traded hands, compared to its average volume of 32,253. The company has a 50-day simple moving average of $20.88 and a two-hundred day simple moving average of $21.83. Virtus Diversified Income & Convertible Fund has a 1-year low of $16.82 and a 1-year high of $24.50.
About Virtus Diversified Income & Convertible Fund
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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