NCV Dividend
Virtus Convertible & Income Fund
NYSEFinancial ServicesStockData as of
- Dividend yield
- 8.61%
- Annual dividend
- $1.50
- Payout ratio
- 0.44
- Frequency
- Monthly
- Share price
- $17.38
- Market cap
- $393M
Next payment
Ex-dividend date: Pay date: Amount: $0.1360
You must own the shares before the ex-dividend date to receive this payment.
Is NCV a good dividend stock?
What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.
- Yield is far above the marketAt 8.61%, the yield is more than three times the median of 2.78% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
- Dividend is comfortably coveredA payout ratio of 0.44 means roughly 44% of earnings go to the dividend, leaving room to keep paying through a weaker year.
- Dividend has been cut 8 timesAcross 23 complete years, the annual total fell in 2019, 2020, 2023 and earlier. The most recent reduction was in 2023.
- Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.
NCV dividend history
Annual dividend per share, 2003 to 2025.
Recent dividend payments
| Ex-dividend date | Pay date | Amount | Type |
|---|---|---|---|
| $0.1360 | Monthly | ||
| $0.1360 | Monthly | ||
| $0.1360 | Monthly | ||
| $0.1360 | Monthly | ||
| $0.1360 | Monthly | ||
| $0.1360 | Monthly | ||
| $0.1360 | Monthly | ||
| $0.1360 | Monthly | ||
| $0.1360 | Monthly | ||
| $0.1360 | Monthly | ||
| $0.1360 | Monthly | ||
| $0.1360 | Monthly | ||
| $0.1360 | Monthly | ||
| $0.1360 | Monthly | ||
| $0.1360 | Monthly | ||
| $0.1360 | Monthly | ||
| $0.1360 | Monthly | ||
| $0.1360 | Monthly | ||
| $0.1360 | Monthly | ||
| $0.0340 | Monthly | ||
| $0.0340 | Monthly | ||
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| $0.0340 | Monthly | ||
| $0.0340 | Monthly | ||
| $0.0340 | Monthly | ||
| $0.0340 | Monthly | ||
| $0.0340 | Monthly | ||
| $0.0340 | Monthly |
How much would NCV pay you?
Enter an amount and see the income this dividend would produce — per year, per payment and per month.
Calculate NCV dividend income →NCV appears in
Frequently asked questions
- Does NCV pay a dividend?
- Yes. Virtus Convertible & Income Fund pays a monthly dividend, currently yielding 8.61% based on trailing twelve-month payments of $1.50 per share.
- How much does NCV pay in dividends?
- $1.50 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
- When is the next NCV ex-dividend date?
- The next ex-dividend date on record is August 13, 2026, with payment on August 28, 2026. You must own the shares before the ex-dividend date to receive that payment.