Virtus Convertible & Income Fund II (NYSE:NCZ) to Issue Monthly Dividend of $0.03

Virtus Convertible & Income Fund II (NYSE:NCZGet Free Report) announced a monthly dividend on Thursday, June 6th, NASDAQ reports. Investors of record on Thursday, July 11th will be paid a dividend of 0.03 per share by the investment management company on Tuesday, July 30th. This represents a $0.36 annualized dividend and a yield of 12.16%. The ex-dividend date of this dividend is Thursday, July 11th.

Virtus Convertible & Income Fund II has decreased its dividend by an average of 3.6% per year over the last three years.

Virtus Convertible & Income Fund II Price Performance

NYSE:NCZ opened at $2.96 on Wednesday. The stock’s 50-day moving average is $2.89 and its two-hundred day moving average is $2.89. Virtus Convertible & Income Fund II has a fifty-two week low of $2.50 and a fifty-two week high of $3.15.

Virtus Convertible & Income Fund II Company Profile

(Get Free Report)

Virtus Convertible & Income Fund II is a closed ended fixed income 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 fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade.

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Dividend History for Virtus Convertible & Income Fund II (NYSE:NCZ)

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