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.
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.
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.
* 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.
* 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 Yield % vs Asset Management Industry
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Virtus Dividend, Interest & Premium Strategy Fund Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.305000
2026-06-15
2026-06-15
2026-06-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.305000
2026-03-16
2026-03-16
2026-03-30
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.305000
2025-12-11
2025-12-11
2025-12-30
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.305000
2025-09-12
2025-09-12
2025-09-29
Cash Dividend
quarterly
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.
* 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 (NFJ) has a Dividend Yield % of 8.20% as of Jun. 25, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Virtus Dividend, Interest & Premium Strategy Fund and its competitors. This is near median its historical median of 7.87. Over the past decade, Virtus Dividend, Interest & Premium Strategy Fund's Dividend Yield % has ranged from 5.60 to 11.00. According to the industry distribution chart, Virtus Dividend, Interest & Premium Strategy Fund ranks #344 out of 1114 companies in the Asset Management industry, placing it in the top 30.9%.
Is Virtus Dividend, Interest & Premium Strategy Fund's Dividend Yield % too high?
Virtus Dividend, Interest & Premium Strategy Fund's current Dividend Yield % of 8.20% is near median its 10-year median of 7.87. Over the past 10 years, this metric has ranged from a low of 5.60 to a high of 11.00. The Asset Management industry median Dividend Yield % is 6.04. Virtus Dividend, Interest & Premium Strategy Fund's value of 8.20% is 35.8% above this industry median. Based on the distribution chart, Virtus Dividend, Interest & Premium Strategy Fund ranks #344 out of 1114 companies in the Asset Management industry, which is above 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 Yield % compare to HYT and ASST?
According to the Asset Management industry distribution chart, Virtus Dividend, Interest & Premium Strategy Fund ranks #344 out of 1114 companies for Dividend Yield %. This puts Virtus Dividend, Interest & Premium Strategy Fund in the upper half of its industry. The industry median Dividend Yield % is 6.04. Virtus Dividend, Interest & Premium Strategy Fund's value of 8.20% is 35.8% above this benchmark. Historically, Virtus Dividend, Interest & Premium Strategy Fund's own Dividend Yield % has ranged from 5.60 to 11.00 over the past decade. While the company's 10-year median is 7.87 vs. the industry median of 6.04, Virtus Dividend, Interest & Premium Strategy Fund has consistently been above 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 Yield % for an Asset Management company?
The median Dividend Yield % among Asset Management companies is 6.04, based on 1,114 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % 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 Yield % of 8.20% is 35.8% above 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 Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Virtus Dividend, Interest & Premium Strategy Fund and its competitors. For the Asset Management industry, the median Dividend Yield % is 6.04 — 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 Yield % is 8.20%, which is near median its own 10-year median of 7.87. 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 Yield % is 8.20%, which is near median its 10-year median of 7.87 and 35.8% above the Asset Management industry median of 6.04. 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 Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Virtus Dividend, Interest & Premium Strategy Fund (NFJ), the current Dividend Yield % is 8.20% as of Jun. 25, 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 Yield %: 8.20% (near median its 10-year median of 7.87)
GF Value™: $19.40 vs. price of $14.97 (22.8% below fair value)
Industry Position: 35.8% above the Asset Management median (#344 of 1114)
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
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
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