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Virtus Convertible &ome Fund II Forward Dividend Yield %

: 12.64% (As of Today)
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As of today (2022-08-07), the Forward Annual Dividend Yield of Virtus Convertible &ome Fund II is 12.64%.

As of today (2022-08-07), the Trailing Annual Dividend Yield of Virtus Convertible &ome Fund II is 12.64%.

NCZ's Forward Dividend Yield % is ranked better than
92.34% of 1267 companies
in the Asset Management industry
Industry Median: 5.58 vs NCZ: 12.64

Virtus Convertible &ome Fund II's Dividends per Share for the six months ended in Aug. 2021 was $0.23.

During the past 12 months, Virtus Convertible &ome Fund II's average Dividends Per Share Growth Rate was -9.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -10.90% per year.

During the past 4 years, the highest 3-Year average Dividends Per Share Growth Rate of Virtus Convertible &ome Fund II was -10.90% per year. The lowest was -10.90% per year. And the median was -10.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Asset Management subindustry, Virtus Convertible &ome Fund II's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Virtus Convertible &ome Fund II Forward Dividend Yield % Distribution

For the Asset Management industry and Financial Services sector, Virtus Convertible &ome Fund II's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Virtus Convertible &ome Fund II's Forward Dividend Yield % falls into.



Virtus Convertible &ome Fund II Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Virtus Convertible &ome Fund II Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0382022-07-082022-07-112022-08-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382022-06-102022-06-132022-07-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382022-05-112022-05-122022-06-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382022-04-082022-04-112022-05-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382022-03-102022-03-112022-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382022-02-102022-02-112022-03-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382022-01-122022-01-132022-02-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382021-12-102021-12-132022-01-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382021-11-102021-11-122021-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382021-10-082021-10-122021-11-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382021-09-102021-09-132021-10-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382021-08-112021-08-122021-09-01Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Virtus Convertible &ome Fund II's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.456/3.56
=12.81 %

Current Share Price is $3.56.
Virtus Convertible &ome Fund II's Dividends per Share for the forward twelve months is calculated as $0.038 * 12 = $0.456.

Virtus Convertible &ome Fund II's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.456/3.56
=12.81 %

Current Share Price is $3.56.
Virtus Convertible &ome Fund II's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.456.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Virtus Convertible &ome Fund II  (NYSE:NCZ) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Virtus Convertible &ome Fund II Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Virtus Convertible &ome Fund II's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Virtus Convertible &ome Fund II Business Description

Virtus Convertible &ome Fund II logo
Traded in Other Exchanges
Address
101 Munson Street, Greenfield, MA, USA, 01301
Virtus AllianzGI Convertible & Income Fund II is a diversified, closed-end management investment company. Its investment objective is to provide total return through a combination of capital appreciation and high current income. Its portfolio of investments includes different sector investments such as in the healthcare services, media, oil, gas and consumable fuels and others.
Executives
Decotis Deborah A director 1633 BROADWAY NEW YORK NY 10019
Yee Michael officer: Portfolio Manager C/O ALLIANZ EQUITY ADVISORS 1345 AVE OF THE AMERICAS NEW YORK NY 10105
Oberto David J. officer: Portfolio Manager 1633 BROADWAY NEW YORK NY 10019
Zino Brian T director 100 PARK AVENUE NEW YORK NY 10017
Macleod James S director 250 E KILBOURN AVE MILWAUKEE WI 53202
Smirl Richard W officer: EVP C/O VIRTUS INVESTMENT PARTNERS, INC. ONE FINANCIAL PLAZA HARTFORD CT 06103
Drummond F Ford director 100 N BROADWAY OKLAHOMA CITY OK 73102
Rappaport Alan director C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Waltman Francis G officer: EVP C/O VIRTUS INVESTMENT PARTNERS, INC. 100 PEARL STREET HARTFORD CT 06103
Aylward George R director, officer: President and CEO C/O VIRTUS INVESTMENT PARTNERS, INC. 100 PEARL STREET HARTFORD CT 06103
Bradley William Patrick Iii officer: EVP, CFO and Treasurer C/O VIRTUS INVESTMENT PARTNERS, INC. 56 PROSPECT STREET HARTFORD CT 06115
Mcloughlin Philip R director 800 SCUDDERS HILL ROAD PLAINSBORO NJ 08536
Pushpaharan Gem other: Affiliated Person 1633 BROADWAY NEW YORK NY 10019
Viggiano John other: Affiliated Person 1633 BROADWAY NEW YORK NY 10019
Ubs Group Ag 10 percent owner BAHNHOFSTRASSE 45 ZURICH V8 CH-8001

Virtus Convertible &ome Fund II Headlines

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