Virtus Convertible &ome Fund II (Virtus Convertible &ome Fund II) Dividend Payout Ratio : 0.00 (As of Jan. 2024)

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What is Virtus Convertible &ome Fund II Dividend Payout Ratio?

Virtus Convertible &ome Fund II's dividend payout ratio for the months ended in Jan. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Virtus Convertible & Income Fund II is 6.55, which seems too high.

The historical rank and industry rank for Virtus Convertible &ome Fund II's Dividend Payout Ratio or its related term are showing as below:

During the past 6 years, the highest Dividend Payout Ratio of Virtus Convertible &ome Fund II was 3.60. The lowest was 0.32. And the median was 1.32.

NCZpA.PFD's Dividend Payout Ratio is not ranked ^*
in the Asset Management industry.
Industry Median: 0.79
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-06-09), the Dividend Yield % of Virtus Convertible &ome Fund II is 6.56%.

During the past 6 years, the highest Trailing Annual Dividend Yield of Virtus Convertible &ome Fund II was 19.49%. The lowest was 6.56%. And the median was 12.61%.

Virtus Convertible &ome Fund II's Dividends per Share for the months ended in Jan. 2024 was $0.00.

During the past 12 months, Virtus Convertible &ome Fund II's average Dividends Per Share Growth Rate was -20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -12.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -11.80% per year.

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Virtus Convertible &ome Fund II was -10.80% per year. The lowest was -12.60% 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.

Virtus Convertible &ome Fund II Dividend Payout Ratio Historical Data

The historical data trend for Virtus Convertible &ome Fund II's Dividend Payout Ratio 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 Convertible &ome Fund II Dividend Payout Ratio Chart

Virtus Convertible &ome Fund II Annual Data

Trend

Feb18

Feb19

Feb20

Feb21

Jan23

Jan24

Dividend Payout Ratio

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Virtus Convertible &ome Fund II Semi-Annual Data
	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Jul22	Jan23	Jul23	Jan24
Dividend Payout Ratio	Get a 7-Day Free Trial								-	-	-	-	-

Competitive Comparison of Virtus Convertible &ome Fund II's Dividend Payout Ratio

For the Asset Management subindustry, Virtus Convertible &ome Fund II's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Virtus Convertible &ome Fund II's Dividend Payout Ratio falls into.

Virtus Convertible &ome Fund II Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Virtus Convertible &ome Fund II's Dividend Payout Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jan. 2024 )	/	EPS without NRI (A: Jan. 2024 )
	=	0	/	0
	=	N/A

Virtus Convertible &ome Fund II's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jan. 2024 )	/	EPS without NRI (Q: Jan. 2024 )
	=	0	/	0
	=	N/A

Virtus Convertible &ome Fund II (NYSE:NCZpA.PFD) Dividend Payout Ratio Explanation

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.

Virtus Convertible &ome Fund II Dividend Payout Ratio Related Terms

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

Virtus Convertible &ome Fund II (Virtus Convertible &ome Fund II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Convertible & Income Fund II (NYSE:NCZpA.PFD) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

NCZ:USA

Address

101 Munson Street, Greenfield, MA, USA, 01301

Website

https://www.virtus.com

Virtus 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 healthcare services, media, oil, gas and consumable fuels and others.