STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$0.43
Forward Annual Dividend Rate
$0.41
Yield
Trailing Annual Dividend Yield
12.74%
Forward Annual Dividend Yield
9.88%
Dividend Date
Dividend Date
Dec 30, 2025
Ex-dividend Date
Dec 11, 2025
12.18 %
60.67
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Nov 19, 2025 | 0.136 | Dec 11, 2025 | Dec 11, 2025 | Dec 30, 2025 |
| Aug 27, 2025 | 0.136 | Sep 12, 2025 | Sep 12, 2025 | Sep 29, 2025 |
| Jun 04, 2025 | 0.136 | Jul 11, 2025 | Jul 11, 2025 | Jul 30, 2025 |
| Mar 06, 2025 | 0.136 | May 12, 2025 | May 12, 2025 | May 29, 2025 |
| Nov 20, 2024 | 0.136 | Feb 13, 2025 | Feb 13, 2025 | Feb 27, 2025 |
| Aug 29, 2024 | 0.034 | Nov 12, 2024 | Nov 12, 2024 | Nov 27, 2024 |
| Jun 06, 2024 | 0.034 | Jul 11, 2024 | Jul 11, 2024 | Jul 30, 2024 |
| Mar 01, 2024 | 0.034 | Jun 13, 2024 | Jun 13, 2024 | Jun 27, 2024 |
| Nov 16, 2023 | 0.034 | Feb 09, 2024 | Feb 12, 2024 | Feb 28, 2024 |
| Aug 31, 2023 | 0.034 | Nov 10, 2023 | Nov 13, 2023 | Dec 01, 2023 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Feb 10, 2025 | 1:4 | -2.20% | +0.42% |
Frequently Asked Questions
Is Virtus Convertible & Income Fund (NCV) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Virtus Convertible & Income Fund is also among the companies that regularly pay dividends.
What is NCV's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. NCV's annual dividend yield for the trailing 12 months is 12.74.
When did NCV last pay a dividend?
NCV last paid dividends on 2025-12-30, with the ex-dividend date being 2025-12-11.
When was the last time NCV stock split?
NCV stock split took place on 10-02-2025.
How did NCV's stock split work?
Its last split took place on Feb 10, 2025, when Virtus Convertible & Income Fund went through a 1:4 split leaving the shareholder with 1 share(s) who previously owned 4 NCV share(s).