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VGI (Virtus Global Multi-Sector) Dividends per Share : $0.96 (TTM As of May. 2024)


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What is Virtus Global Multi-Sector Dividends per Share?

Virtus Global Multi-Sector's dividends per share for the six months ended in May. 2024 was $0.48. Its dividends per share for the trailing twelve months (TTM) ended in May. 2024 was $0.96. Its Dividend Payout Ratio for the six months ended in May. 2024 was 1.00. As of today, Virtus Global Multi-Sector's Dividend Yield % is 11.90%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Virtus Global Multi-Sector Inc is 1.26, which seems too high.

During the past 3 years, the average Dividends Per Share Growth Rate was -10.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -11.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Virtus Global Multi-Sector was -10.30% per year. The lowest was -14.10% per year. And the median was -12.35% per year.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Virtus Global Multi-Sector Dividends per Share Historical Data

The historical data trend for Virtus Global Multi-Sector's Dividends per Share can be seen below:

* 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.

* Premium members only.

Virtus Global Multi-Sector Dividends per Share Chart

Virtus Global Multi-Sector Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Dividends per Share
Get a 7-Day Free Trial 1.51 1.33 1.06 0.96 0.96

Virtus Global Multi-Sector Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.48 0.48 0.48 0.48

Competitive Comparison of Virtus Global Multi-Sector's Dividends per Share

For the Asset Management subindustry, Virtus Global Multi-Sector's Dividend Yield %, along with its competitors' market caps and 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 Global Multi-Sector's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Global Multi-Sector's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Virtus Global Multi-Sector's Dividend Yield % falls into.



Virtus Global Multi-Sector Dividends per Share Calculation

Dividends paid to per common share.


Virtus Global Multi-Sector  (NYSE:VGI) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Virtus Global Multi-Sector's Dividend Payout Ratio for the quarter that ended in May. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: May. 2024 )/ EPS without NRI (Q: May. 2024 )
=0.48/ 0.48
=1.00

During the past 7 years, the highest Dividend Payout Ratio of Virtus Global Multi-Sector was 5.30. The lowest was 0.81. And the median was 1.77.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Virtus Global Multi-Sector Inc is 1.26, which seems too high.

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

Virtus Global Multi-Sector Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0800002024-12-122024-12-122024-12-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0800002024-11-122024-11-122024-11-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.0800002024-10-112024-10-112024-10-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0800002024-09-132024-09-132024-09-26Cash DividendmonthlyUSD:USD 1.000000
USD 0.0800002024-08-122024-08-122024-08-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0800002024-07-112024-07-112024-07-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0800002024-06-132024-06-132024-06-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.0800002024-05-102024-05-132024-05-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0800002024-04-102024-04-112024-04-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0800002024-03-082024-03-112024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0800002024-02-092024-02-122024-02-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0800002024-01-112024-01-122024-01-30Cash 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 Global Multi-Sector's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.96/8.07
=11.90 %

Current Share Price is $8.07.
Virtus Global Multi-Sector's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.96.

During the past 7 years, the highest Dividend Yield of Virtus Global Multi-Sector was 17.16%. The lowest was 9.19%. And the median was 12.64%.

* 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 Global Multi-Sector Dividends per Share Related Terms

Thank you for viewing the detailed overview of Virtus Global Multi-Sector's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Virtus Global Multi-Sector Business Description

Traded in Other Exchanges
N/A
Address
101 Munson Street, Greenfield, MA, USA, 01301-9683
Virtus Global Multi-Sector Inc is a United States-based diversified, closed-end management investment company. Its investment objective is to maximize current income while preserving capital. The Fund seeks to achieve its investment objectives by capitalizing on opportunities across undervalued areas of the global bond markets.
Executives
Mcdaniel Connie D director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Sarah E Cogan director 1633 BROADWAY, NEW YORK NY 10019
F Ford Drummond director 100 N BROADWAY, OKLAHOMA CITY OK 73102
Deborah A Decotis director 1633 BROADWAY, NEW YORK NY 10019
Richard W Smirl officer: EVP C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, HARTFORD CT 06103
R Keith Walton director 100 PEARL STREET, HARTFORD CT 06103
John R Mallin director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Sidney E Harris director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Geraldine M Mcnamara director 150 EAST 44TH ST, APT 35G, NEW YORK NY 10017
Donald C Burke director C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Brian T Zino director 100 PARK AVENUE, NEW YORK NY 10017
Rogers James B Jr director 14 WESLEY STREET, HAMILTON D0 HM11
James M Oates director C/O INVESTORS FINANCIAL SERVICES CORP, 200 CLARENDON ST, BOSTON MA 02116
Thomas F. Mann director 125 EAST ELM STREET, SUITE 200, CONSHOHOCKEN PA 19428
Benjamin Caron other: Officer of the Sub-Adviser C/O NEWFLEET ASSET MANAGEMENT, LLC, 100 PEARL STREET, HARTFORD CT 06103