NFJ (Virtus Dividend, Interest & Premium Strategy Fund) Dividend Payout Ratio: 0.44 (As of Jan. 2026) — 32% Below Median


NFJ Virtus Dividend, Interest & Premium Strategy Fund NFJ
52 GF Score
Price $14.97
GF Value $19.40
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Virtus Dividend, Interest & Premium Strategy Fund Dividend Payout Ratio?

Virtus Dividend, Interest & Premium Strategy Fund NFJ -0.80% 52 Dividend Payout Ratio is 0.44 as of Jan. 2026, which is 32% below its 10-year median of 0.65. GuruFocus rates NFJ with a GF Score™ of 52/100 and a GF Value™ of $19.40 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 931 Asset Management companies, Virtus Dividend, Interest & Premium Strategy Fund ranks worse than 54.24% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Virtus Dividend, Interest & Premium Strategy Fund's Dividend Payout Ratio for the months ended in Jan. 2026 was 0.44.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Virtus Dividend, Interest & Premium Strategy Fund is 0.77, which seems too high.

The historical rank and industry rank for Virtus Dividend, Interest & Premium Strategy Fund's Dividend Payout Ratio or its related term are showing as below:

NFJ' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.65   Max: 0.97
Current: 0.77

During the past 9 years, the highest Dividend Payout Ratio of Virtus Dividend, Interest & Premium Strategy Fund was 0.97. The lowest was 0.45. And the median was 0.65.

NFJ's Dividend Payout Ratio is ranked worse than
54.24% of 931 companies
in the Asset Management industry
Industry Median: 0.7 vs NFJ: 0.77

As of today (2026-06-28), the Dividend Yield % of Virtus Dividend, Interest & Premium Strategy Fund is 8.15%.

During the past 9 years, the highest Trailing Annual Dividend Yield of Virtus Dividend, Interest & Premium Strategy Fund was 11.00%. The lowest was 5.60%. And the median was 7.87%.

Virtus Dividend, Interest & Premium Strategy Fund's Dividends per Share for the months ended in Jan. 2026 was $0.61.

During the past 12 months, Virtus Dividend, Interest & Premium Strategy Fund's average Dividends Per Share Growth Rate was 4.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.80% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Virtus Dividend, Interest & Premium Strategy Fund was 9.10% per year. The lowest was -7.20% per year. And the median was 2.90% per year.

The growth rate is calculated with least square regression.

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 Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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 Dividend, Interest & Premium Strategy Fund Dividend Payout Ratio Related Terms

Virtus Dividend, Interest & Premium Strategy Fund Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Virtus Dividend, Interest & Premium Strategy Fund'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.

Virtus Dividend, Interest & Premium Strategy Fund Dividend Payout Ratio Chart

Virtus Dividend, Interest & Premium Strategy Fund Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only 0.45 0.00 0.97 0.85 0.77

Virtus Dividend, Interest & Premium Strategy Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.64 1.22 3.21 0.44

NFJ vs HYT, ASST, CSWC: Dividend Payout Ratio Comparison

For the Asset Management subindustry, Virtus Dividend, Interest & Premium Strategy Fund'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 Dividend, Interest & Premium Strategy Fund Dividend Payout Ratio vs Asset Management Industry

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

* The bar in red indicates where Virtus Dividend, Interest & Premium Strategy Fund's Dividend Payout Ratio falls into.


NFJ
52GF Score
Virtus Dividend, Interest & Premium Strategy Fund NFJ
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Virtus Dividend, Interest & Premium Strategy Fund Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Virtus Dividend, Interest & Premium Strategy Fund's Dividend Payout Ratio for the fiscal year that ended in Jan. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jan. 2026 )/ EPS without NRI (A: Jan. 2026 )
=1.22/ 1.59
=0.77

Virtus Dividend, Interest & Premium Strategy Fund's Dividend Payout Ratio for the quarter that ended in Jan. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2026 )/ EPS without NRI (Q: Jan. 2026 )
=0.61/ 1.4
=0.44

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.44 mean?
Virtus Dividend, Interest & Premium Strategy Fund (NFJ) has a Dividend Payout Ratio of 0.44 as of Jan. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Virtus Dividend, Interest & Premium Strategy Fund and its competitors. This is 32% below median its historical median of 0.65. Over the past decade, Virtus Dividend, Interest & Premium Strategy Fund's Dividend Payout Ratio has ranged from 0.45 to 0.97. According to the industry distribution chart, Virtus Dividend, Interest & Premium Strategy Fund ranks #505 out of 931 companies in the Asset Management industry, placing it in the top 54.2%.
Is Virtus Dividend, Interest & Premium Strategy Fund's Dividend Payout Ratio too high?
Virtus Dividend, Interest & Premium Strategy Fund's current Dividend Payout Ratio of 0.44 is 32% below median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 0.97. The Asset Management industry median Dividend Payout Ratio is 0.70. Virtus Dividend, Interest & Premium Strategy Fund's value of 0.44 is 37.1% below this industry median. Based on the distribution chart, Virtus Dividend, Interest & Premium Strategy Fund ranks #505 out of 931 companies in the Asset Management industry, which is below the industry midpoint. Overall, Virtus Dividend, Interest & Premium Strategy Fund has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Virtus Dividend, Interest & Premium Strategy Fund's Dividend Payout Ratio compare to HYT and ASST?
According to the Asset Management industry distribution chart, Virtus Dividend, Interest & Premium Strategy Fund ranks #505 out of 931 companies for Dividend Payout Ratio. This places Virtus Dividend, Interest & Premium Strategy Fund in the lower half of its industry. The industry median Dividend Payout Ratio is 0.70. Virtus Dividend, Interest & Premium Strategy Fund's value of 0.44 is 37.1% below this benchmark. Historically, Virtus Dividend, Interest & Premium Strategy Fund's own Dividend Payout Ratio has ranged from 0.45 to 0.97 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.70, Virtus Dividend, Interest & Premium Strategy Fund has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.70, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Virtus Dividend, Interest & Premium Strategy Fund's current Dividend Payout Ratio of 0.44 is 37.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Virtus Dividend, Interest & Premium Strategy Fund and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virtus Dividend, Interest & Premium Strategy Fund's current Dividend Payout Ratio is 0.44, which is 32% below median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtus Dividend, Interest & Premium Strategy Fund stock overvalued right now?
Based on GuruFocus' analysis, Virtus Dividend, Interest & Premium Strategy Fund (NFJ) is currently considered Modestly Undervalued. The stock's GF Value™ is $19.40, compared to a current price of $14.97 — trading 22.8% below its estimated fair value. The current Dividend Payout Ratio is 0.44, which is 32% below median its 10-year median of 0.65 and 37.1% below the Asset Management industry median of 0.70. Virtus Dividend, Interest & Premium Strategy Fund's overall GF Score™ is 52/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Virtus Dividend, Interest & Premium Strategy Fund (NFJ), the current Dividend Payout Ratio is 0.44 as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Virtus Dividend, Interest & Premium Strategy Fund (NFJ) Overvalued in 2026?

Based on GuruFocus' analysis, Virtus Dividend, Interest & Premium Strategy Fund stock appears to be undervalued. The current stock price of $14.97 is trading 22.8% below its estimated GF Value™ of $19.40. GuruFocus considers Virtus Dividend, Interest & Premium Strategy Fund to be Modestly Undervalued.

Key valuation signals for NFJ:

  • Dividend Payout Ratio: 0.44 (32% below median its 10-year median of 0.65)
  • GF Value™: $19.40 vs. price of $14.97 (22.8% below fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 37.1% below the Asset Management median (#505 of 931)

No single metric tells the full story. See the NFJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Virtus Dividend, Interest & Premium Strategy Fund Business Description

Address 101 Munson Street, Greenfield, MA, USA, 01301-9683
Virtus Dividend, Interest & Premium Strategy Fund is a Massachusetts-based business trust. The primary investment objective of the company is to seek current income and gains, with a secondary objective of long-term capital appreciation. It pursues its investment objectives by investing in a diversified portfolio of dividend-paying common stocks and income-producing convertible securities.
52GF Score

Get the complete analysis for NFJ

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.97
Price
$19.40
GF Value