Virtus Dividend, Interest & Premium Strategy Fund (Virtus Dividend, Interest & Premium Strategy Fund) Dividend Payout Ratio : 0.00 (As of Jan. 2024)

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What is Virtus Dividend, Interest & Premium Strategy Fund Dividend Payout Ratio?

Virtus Dividend, Interest & Premium Strategy Fund'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 Dividend, Interest & Premium Strategy Fund is 0.97, 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: 0.52 Max: 0.97
Current: 0.97

During the past 7 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 0.52.

NFJ's Dividend Payout Ratio is ranked worse than
60.99% of 951 companies
in the Asset Management industry
Industry Median: 0.81 vs NFJ: 0.97

As of today (2024-05-13), the Dividend Yield % of Virtus Dividend, Interest & Premium Strategy Fund is 8.20%.

During the past 7 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 7.59%.

Virtus Dividend, Interest & Premium Strategy Fund's Dividends per Share for the months ended in Jan. 2024 was $0.49.

During the past 3 years, the average Dividends Per Share Growth Rate was 2.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.00% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Virtus Dividend, Interest & Premium Strategy Fund was 2.90% 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.

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

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.

* Premium members only.

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

Dividend Payout Ratio

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0.52

0.51

0.45

0.97

Virtus Dividend, Interest & Premium Strategy Fund Semi-Annual Data
	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Dividend Payout Ratio	Get a 7-Day Free Trial									-	-	2.66	0.41	-

Competitive Comparison of Virtus Dividend, Interest & Premium Strategy Fund's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the 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.

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

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

Virtus Dividend, Interest & Premium Strategy Fund'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 )
	=	0.98	/	1.01
	=	0.97

Virtus Dividend, Interest & Premium Strategy Fund'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 )
	=	0.49	/	-0.193
	=	N/A

Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) 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 Dividend, Interest & Premium Strategy Fund Dividend Payout Ratio Related Terms

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

Virtus Dividend, Interest & Premium Strategy Fund (Virtus Dividend, Interest & Premium Strategy Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Munson Street, Greenfield, MA, USA, 01301

Website

https://www.virtus.com

Virtus Dividend, Interest & Premium Strategy Fund is a Massachusetts-based business trust. Its primary investment objective is to seek current income and gains, with a secondary objective of long-term capital appreciation. The fund pursues its investment objectives by investing in a diversified portfolio of dividend-paying common stocks and income-producing convertible securities.

Executives

Donald C Burke	director	C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Mcdaniel Connie D	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
R Keith Walton	director	100 PEARL STREET, HARTFORD CT 06103
Christine Hurtsellers	other: CEO - Subadviser to the issuer	230 PARK AVENUE, NEW YORK NY 10169
Vincent J Costa	other: CIO-Subadviser to the issuer	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Paul Zemsky	other: CIO-Subadviser to the issuer	230 PARK AVENUE, NEW YORK NY 10169
Voya Investment Management Co	other: Subadviser to the issuer	10 STATE HOUSE SQUARE, SH12, HARTFORD CT 06103-3602
Brian T Zino	director	100 PARK AVENUE, NEW YORK NY 10017
Deborah A Decotis	director	1633 BROADWAY, NEW YORK NY 10019
George R Aylward	director, officer: President and CEO	C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
James S Macleod	director	250 E KILBOURN AVE, MILWAUKEE WI 53202
Richard W Smirl	officer: EVP	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, HARTFORD CT 06103
F Ford Drummond	director	100 N BROADWAY, OKLAHOMA CITY OK 73102
Francis G Waltman	officer: EVP	C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103