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Virtus Dividend, Interest & Premium Strategy Fund Dividend Payout Ratio

: 0.21 (As of Jul. 2021)
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Virtus Dividend, Interest & Premium Strategy Fund's dividend payout ratio for the months ended in Jul. 2021 was 0.21.

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:

NYSE:NFJ' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.52   Max: 0.65
Current: 0.21

0.51
0.65

During the past 4 years, the highest Dividend Payout Ratio of Virtus Dividend, Interest & Premium Strategy Fund was 0.65. The lowest was 0.51. And the median was 0.52.

NYSE:NFJ's Dividend Payout Ratio is ranked higher than
67% of the 1126 Companies
in the Asset Management industry.

( Industry Median: 0.33 vs. NYSE:NFJ: 0.21 )

As of today (2022-01-23), the Dividend Yield % of Virtus Dividend, Interest & Premium Strategy Fund is 6.35%.

During the past 4 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 8.52%.

Virtus Dividend, Interest & Premium Strategy Fund's Dividends per Share for the months ended in Jul. 2021 was $0.45.

During the past 3 years, the average Dividends Per Share Growth Rate was -7.20% per year.

During the past 4 years, the highest 3-Year average Dividends Per Share Growth Rate of Virtus Dividend, Interest & Premium Strategy Fund was -7.20% per year. The lowest was -7.20% per year. And the median was -7.20% 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 Annual Data
Trend Jan18 Jan19 Jan20 Jan21
Dividend Payout Ratio
0.65 - 0.52 0.51

Virtus Dividend, Interest & Premium Strategy Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21
Dividend Payout Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.57 - 0.22 0.21

Competitive 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 Distribution

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. 2021 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jan. 2021 )/ EPS without NRI (A: Jan. 2021 )
=0.9/ 1.77
=0.51

Virtus Dividend, Interest & Premium Strategy Fund's Dividend Payout Ratio for the quarter that ended in Jul. 2021 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jul. 2021 )/ EPS without NRI (Q: Jul. 2021 )
=0.45/ 2.18
=0.21

* 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 (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 Business Description

Virtus Dividend, Interest & Premium Strategy Fund logo
Industry
Financial Services » Asset Management NAICS : 523991 SIC : 6733
Traded in Other Exchanges
N/A
Address
101 Munson Street, Greenfield, MA, USA, 01301
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
Mowrey John R. other: Portfolio Manager 1633 BROADWAY NEW YORK NY 10019
Oliver Thomas W Jr other: Affiliated Person 2121 SAN JACINTO DRIVE DALLAS TX 75201
Pushpaharan Gem other: Affiliated Person 1633 BROADWAY NEW YORK NY 10019
Viggiano John other: Affiliated Person 1633 BROADWAY NEW YORK NY 10019
Cogan Sarah E director 1633 BROADWAY NEW YORK NY 10019
Macleod James S director 250 E KILBOURN AVE MILWAUKEE WI 53202
Parker Jeffrey D other: See Remarks 1345 AVENUE OF THE AMERICAS NEW YORK NY 10105
Holt Erick director 1633 BROADWAY NEW YORK NY 10019
Ruckman Craig officer: Assistant Secretary 1633 BROADWAY NEW YORK NY 10019
Rappaport Alan director C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Magnuson Paul A other: Portfolio Manager 2121 SAN JACINTO, SUITE 1840 DALLAS TX 75201
Mildner Heiko other: Affiliated Person 1633 BROADWAY NEW YORK NY 10019
Thompson Kathleen C. other: Affiliated Person 1633 BROADWAY NEW YORK NY 10019
Fischer Ben J other: Portfolio Manager 1633 BROADWAY NEW YORK NY 10019
Grau William other: SEE REMARKS C/O ALLIANZ GLOBAL INVESTORS U.S. LLC 1633 BROADWAY NEW YORK NY 10019

Virtus Dividend, Interest & Premium Strategy Fund Headlines

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