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As of today (2025-01-18), the Trailing Annual Dividend Yield of Virtus Convertible &ome Fund II is 11.21%.
Warning Sign:
Virtus Convertible & Income Fund II stock dividend yield is close to 3-year low.
The historical rank and industry rank for Virtus Convertible &ome Fund II's Dividend Yield % or its related term are showing as below:
During the past 6 years, the highest Dividend Yield of Virtus Convertible &ome Fund II was 19.49%. The lowest was 8.91%. And the median was 12.50%.
Virtus Convertible &ome Fund II's Dividend Payout Ratio for the six months ended in Jul. 2024 was 0.69.
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 2.06, which seems too high.
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.
As of today (2025-01-18), the Forward Dividend Yield % of Virtus Convertible &ome Fund II is 16.82%.
Virtus Convertible &ome Fund II's Dividends per Share for the six months ended in Jul. 2024 was $0.18.
During the past 12 months, Virtus Convertible &ome Fund II's average Dividends Per Share Growth Rate was -11.10% 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.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
The historical data trend for Virtus Convertible &ome Fund II's Dividend Yield % 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 Convertible &ome Fund II Annual Data | |||||||||||||||
Trend | Feb18 | Feb19 | Feb20 | Feb21 | Jan23 | Jan24 | |||||||||
Dividend Yield % | Get a 7-Day Free Trial | 12.68 | 12.17 | 9.13 | 13.51 | 13.02 |
Virtus Convertible &ome Fund II Semi-Annual Data | ||||||||||||||
Aug17 | Feb18 | Aug18 | Feb19 | Aug19 | Feb20 | Aug20 | Feb21 | Aug21 | Jul22 | Jan23 | Jul23 | Jan24 | Jul24 | |
Dividend Yield % | Get a 7-Day Free Trial | 13.16 | 13.51 | 13.33 | 13.02 | 12.12 |
For the Asset Management subindustry, Virtus Convertible &ome Fund II's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.
For the Asset Management industry and Financial Services sector, Virtus Convertible &ome Fund II's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Virtus Convertible &ome Fund II's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Virtus Convertible &ome Fund II Recent Full-Year* Dividend History
Amount | Ex-date | Record Date | Pay Date | Type | Frequency | Forex Rate |
---|---|---|---|---|---|---|
USD 0.030000 | 2025-01-13 | 2025-01-13 | 2025-01-30 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.030000 | 2024-12-12 | 2024-12-12 | 2024-12-30 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.030000 | 2024-11-12 | 2024-11-12 | 2024-11-27 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.030000 | 2024-10-11 | 2024-10-11 | 2024-10-30 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.030000 | 2024-09-13 | 2024-09-13 | 2024-09-26 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.030000 | 2024-08-12 | 2024-08-12 | 2024-08-29 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.030000 | 2024-07-11 | 2024-07-11 | 2024-07-30 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.030000 | 2024-06-13 | 2024-06-13 | 2024-06-27 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.030000 | 2024-05-10 | 2024-05-13 | 2024-05-30 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.030000 | 2024-04-10 | 2024-04-11 | 2024-04-29 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.030000 | 2024-03-08 | 2024-03-11 | 2024-03-28 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.030000 | 2024-02-09 | 2024-02-12 | 2024-02-28 | Cash Dividend | monthly | USD:USD 1.000000 |
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Virtus Convertible &ome Fund II's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield | = | Most Recent Full Year Dividend | / | Current Share Price |
= | 0.36 | / | 3.21 | |
= | 11.21 % |
Current Share Price is $3.21.
Virtus Convertible &ome Fund II's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.36.
Virtus Convertible &ome Fund II's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield | = | Forward Full Year Dividend | / | Current Share Price |
= | 0.36 | / | 3.21 | |
= | 11.21 % |
Current Share Price is $3.21.
Virtus Convertible &ome Fund II's Dividends per Share for the forward twelve months is calculated as $0.03 * 12 = $0.36.
* 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 Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.
Thank you for viewing the detailed overview of Virtus Convertible &ome Fund II's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Metlife Investment Management, Llc | 10 percent owner | ONE METLIFE WAY, WHIPPANY NJ 07981 |
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 |
Michael Yee | officer: Portfolio Manager | C/O ALLIANZ EQUITY ADVISORS, 1345 AVE OF THE AMERICAS, NEW YORK NY 10105 |
David J. Oberto | officer: Portfolio Manager | 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 |
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