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Virtus Convertible &ome Fund II Dividend Payout Ratio

: 1.07 (As of Aug. 2021)
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Virtus Convertible &ome Fund II's dividend payout ratio for the months ended in Aug. 2021 was 1.07.

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

NCZ' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.2   Max: 1.44
Current: 0.32


During the past 4 years, the highest Dividend Payout Ratio of Virtus Convertible &ome Fund II was 1.44. The lowest was 0.32. And the median was 1.20.

NCZ's Dividend Payout Ratio is ranked better than
64.76% of 874 companies
in the Asset Management industry
Industry Median: 0.46 vs NCZ: 0.32

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

During the past 4 years, the highest Trailing Annual Dividend Yield of Virtus Convertible &ome Fund II was 19.49%. The lowest was 8.90%. And the median was 12.16%.

Virtus Convertible &ome Fund II's Dividends per Share for the 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.


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 Annual Data
Trend Feb18 Feb19 Feb20 Feb21
Dividend Payout Ratio
1.44 - 1.20 0.32

Virtus Convertible &ome Fund II Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21
Dividend Payout Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 9.31 0.75 0.20 1.07

Competitive Comparison

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 Dividend Payout Ratio Distribution

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 Feb. 2021 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Feb. 2021 )/ EPS without NRI (A: Feb. 2021 )
=0.4875/ 1.54
=0.32

Virtus Convertible &ome Fund II's Dividend Payout Ratio for the quarter that ended in Aug. 2021 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Aug. 2021 )/ EPS without NRI (Q: Aug. 2021 )
=0.225/ 0.21
=1.07

* 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) 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 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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